Tuesday, January 29, 2008

Va Refinancing

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FHA and VA loans allow for “streamline refinancing.” This means that you can refinance your mortgage with minimal documentation and underwriting without paying lender fees. The basic requirements are that you not be delinquent in your .

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There are two basic types of refinance loans. Cash-Out and No-Cash-Out. There are also special Streamline loans available to anyone with a current VA mortgage. Streamlines are known for their incredibly fast and easy qualification .

In addition, VA financing can be used for refinancing existing homes. As you can see, the product isn't the problem. The product is as competitive as most that is available. The lack of awareness is the problem. Ask your mortgage broker .

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Streamline refinancing is a unique and extremely desirable feature of FHA and VA mortgages that allows hassle free mortgage refinancing. Here are several things you need to know about FHA and VA streamline mortgage refinancing.

If you are considering getting a loan, a mortgage, refinancing, or interested in VA loan information you should checkout the articles at [ Article Source: .

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