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Austin's VA Refinance Loan Types

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VA Streamline Refinance - Interest Rate Reduction Loan (IRRL) in Austin:
What are the Benefits of VA Streamline Refinance/Interest Rate Reduction Loans (IRRL)?

  • No appraisal required.
  • No income or credit background check to qualify.
  • No monthly mortgage insurance.
  • Only .5% funding fee on all interest reductions.
  • No out-of-pocket costs.


Conventional to VA Refinance Loan in Austin:
What are the Benefits of a Conventional to VA Refinance Loans?

  • No monthly mortgage insurance
  • The new interest rate may be lower - AND if the veteran has less than perfect credit, they may be able to get the same low interest rates available to those with great credit.
  • The "cash-out" option can be taken, adding up to 90% with a VA refinance
  • No out-of-pocket closing costs


“Cash-Out” or Debt Consolidation Refinance in Austin:
What are the Benefits of a “Cash-Out” or Debt Consolidation Refinance Loans?

  • You can take cash out up to 90% of your home
  • Monthly mortgage insurance is not required
  • No out-of-pocket closing costs
  • The money left over from the home's appraised and calculated value can then be used for anything like; paying off credit card debts, remodeling home improvements, or save money for retirement.


Get Your Pre-approved VA Refinance Loan Offers Now!