VA Loan (VA)

If you are thinking about refinancing your home with a VA loan, you may be able to get a better interest rates compared to a home equity loan and a line of credit. By choosing a VA cash-out refinance, you can borrow up to 100 percent of your home’s value. And if you already have a VA loan, you should speak to an Intelliloan® Refinance Specialist today to find out if you qualify to refinancing up to 120% of the value of your home.

• A VA loan lets you have low fixed interest rates available on various mortgage terms.
• If you are looking for a more short-term option, you could still receive a low rate with an ARM.
• Intelliloan® also finances Jumbo VA loans of up to $1,500.

• We are a VA-approved lender processing VA loans regularly.
• Our Home Loan Specialists work directly with the VA to expedite all of your paperwork, including the Certificate of Eligibility.
• You can complete your loan application online and still get that personal assistance with one of our VA loan specialists.
• Continue to receive all of the benefits from our dedicated customer service team long after you close your loan with us.
• You can make your monthly mortgage payments online after you close.

• Is this your first time looking into at a VA loan? Your military service or situation should satisfy all of the VA guidelines for eligibility, but we can help you to find out.
• Have you previously used VA loan benefits? You might be able to use them again. We can help you with that as well.
• You can apply your basic housing allowance to make your monthly mortgage payments.
• VA loans do not require PMI (private mortgage insurance). This means a further reduced to your monthly payment.
• VA funding fee (this replaces PMI) could be rolled into the amount of your loan.
• You will not need a large amount money at closing because the VA places limits on what a lender may charge for certain fees.

A COE (certificate of eligibility) is the official proof of your service and required qualification for a VA loan. You can get your COE from the VA by completing the VA Form 26-1880. This can also be done online.