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Thousands of people are using their VA Loan benefit every single month. Let us help you refinance your MN, WI, or SD home with no out-of-pocket costs to today's low interest rates.
A VA Loan allows you to do a streamline refinance, with reduced documentation and no appraisal needed. If you need cash out, check out the VA Cash Out refinance.
If you already have a VA loan on your home, you may qualify for a VA Streamline refinance, also known as an IRRRL loan. As the name implies, the refinance process is streamlined over standard loans, with less stringent requirements, including:/font>
No appraisal required
Interest rates are lower than onventional loans
No monthly mortgage insurance ever
VA loans can be streamline refinanced with less documentation, and usually no appraisal (known as an IRRRL loan)
VA home loans have limitations on which closing costs may be assessed to the veteran.
VA home loans have no prepaid without penalty.
Maximum 100% financing up to $453,100 in MN, SD, and WI. Small equity position needed for loans over $453,100
VA home loans may have forbearance extended to worthy VA homeowners experiencing temporary financial difficulty
VA performs personal loan servicing and offers financial counseling to help veterans avoid losing their homes during temporary financial difficulties
VA interest rates are generally lower than conventional loan interest rates.
VA home loans do not require mortgage insurance - this is a HUGE savings.
Mortgages Unlimited, Inc - St Paul Office
33 Wentworth Ave E, Suite 290
Saint Paul, MN 55118
Office (651) 552-3681
Fax (651) 994-6425
Mortgages Unlimited, Inc. Nationwide Mortgage Licensing System and Registry (NMLS) # 225504 Saint Paul Branch - NMLS # 387944. Joe Metzler, Licensed Mortgage Loan Originator NMLS # 274132. Minnesota Lic# MN-MLO-274132. Wisconsin Lic # 11418. South Dakota Lic # MLO.03095
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