• EXPERIENCE MATTERS: With over 50-years combined lending experience, Joe and Eric Metzler are your VA home loan experts.
  • VA Loan Refinance

  • REFINANCING your existing VA Loan

    Information on refinancing your current VA loan. The VA streamline Refinance, IRRRL loan, and even the 100% VA cash out refinance on properties in Minnesota, Wisconsin, Iowa, North Dakota, and South Dakota.

    VA refinancing is most often used to lower your current interest rate. If VA interest rates have dropped since you last financed your home, you may want to consider refinancing.

    Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan, or to take cash out. A few reasons for cashing out include: home improvement, an education fund, and consolidating debt.

    Just imagine what you could do with an extra $100, $300 or more each and every month if you refinance your VA mortgage?

    You might decide to apply the savings toward your balance and build equity faster. Or maybe you just might want to put the money in your savings account or portfolio and watch it GROW! The best thing is. you're in control . You decide what is best for your family!

    In order to refinance your existing home, or to simply help you decide if refinancing makes sense, just call or click. A quick application tells us what we need to know, and let's us "run the numbers", and tell you your va refinance options from your loan va lender.


    Home refinancing loans, like a standard VA refinance is used primarily to refinance a NON VA Loan INTO a VA Loan. If you currently have a home loan and want to refinance into a VA loan, this is the loan for you.

    It will require an application, appraisal, and a verification of your income and assets, as well as most of the same paperwork required when you originally financed your home. Adequate property insurance and new title insurance is necessary.


    The cash out VA loan option will also allow you to take additional cash out on your home with a VA loan up 100% of today's appraised value. This is a another cool VA benefit, and conventional loans as of December 2014 only allow you to take cash out to 80% of the homes value, and FHA loans only allow up to 85% cash out.

    * The common phrase 100% cash out means a loan of up to 100% of the value of the house, after any VA funding fee as applicable to your personal situation.  Therefore when going all the way 'to 100%' most people are getting more like 96% of the value. Talk to your Cambria Mortgage Loan Officer for information on your personal situation.

    Read more on a Cash Out VA Refinance


    Government mortgages can have some crazy names. A VA streamline refinance is actually called a VA IRRRL refinance. This refinance loan allows you to refinance an EXISTING VA loan. As the name implies, the loan process is streamlined, with reduced documentation requirements. For example, Cambria Mortgage does NOT need any income documentation. The VA streamline refinance also does NOT require an appraisal.


    • Reduce Your Interest Rate
    • Lower monthly payments
    • No appraisal (in most cases)

    Read more on VA Streamline Refinance

  • VA Refinance Rates

    VA refinance rates, just like interest rates for purchasing a home, are a little bit lower than standard conventional rates.

    As mortgage interest rates are constantly moving, it is hard to keep accurate rates on a website.  Plus, many factors go into determining a VA refinance rate. This includes your credit score, is it a VA streamline refinance (just redoing an existing VA loan), or a VA Cash Out refinance, where you get extra cash out above and beyond what you currently owe? 

    Refinancing out of any other mortgage loan into a VA loan is also considered a VA cash out refinance.

    The only way to get an accurate VA refinance rate quote, is with a full loan application, or at least by providing your Cambria Mortgage VA loan expert a little bit of information.  Simply complete our Quick Quote VA Refinance form.  No SSN required