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What are the general requirements to obtain a VA refinance loan?
Wiki User
∙ 10y ago
Obtaining a VA refinance loan is not as hard as some individuals claim, however, there are a few general requirements. To obtain a refinance loan, individuals must reside in a home, have a qualifying credit, have the home appraised by a certified appraiser, as well as provide income verification.
Wiki User
∙ 10y ago
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What is the best way to refinance a home loan rate?
The best way to refinance a home loan rate is to obtain another loan without having a mortgage. In this way in the event of inability of payment, the customer will be insured and not lose own home.
What are the ways of obtaining refinance loans?
You can obtain a refinance loan through a local bank in your area or from a bank online. Refinance loans can allow you to make changes to your property, which can significantly increase the value.
Where can one find information on FHA home loan refinance?
You can find information on a FHA home loan refinance online at the FHA website. Once on the site, you can view the requirements and limits of FHA home loans.
Who does one talk to to refinance a loan?
If you want to refinance a loan, discuss it over with the company/people who you had a loan with in the beginning. Whoever you financed a loan with first, refinance with them again.
How could one obtain a credit equity home loan refinance?
One can obtain a credit equity home loan refinance by going to their local bank and finding out more information first. If one is not happy with their own bank's interest rates, then checking around would be a good option.
What are the requirements for obtaining an arm home loan in Anchorage, AK?
Refinance and stabilize your ARM payments obtain them in a very low intrest rates this is according to my knowledge
Is it legal to obtain a loan in California to refinance a Florida property?
Yes, you can obtain financing from a lender who is located in California to refinance a Florida property. Many lenders refinance properties located throughout the United States.
What is the best way to refinance a home loan rate?
The best way to refinance a home loan rate is to obtain another loan without having a mortgage. In this way in the event of inability of payment, the customer will be insured and not lose own home.
What are the ways of obtaining refinance loans?
You can obtain a refinance loan through a local bank in your area or from a bank online. Refinance loans can allow you to make changes to your property, which can significantly increase the value.
Where can one find information on FHA home loan refinance?
You can find information on a FHA home loan refinance online at the FHA website. Once on the site, you can view the requirements and limits of FHA home loans.
Who does one talk to to refinance a loan?
If you want to refinance a loan, discuss it over with the company/people who you had a loan with in the beginning. Whoever you financed a loan with first, refinance with them again.
How can one buy a vehicle with refinance money in the UK?
Once can purchase a vehicle with refinance money in the UK in a variety of ways. One can obtain the loan first, or refinance on the terms the dealership gives you on the day of sale.
How could one obtain a credit equity home loan refinance?
One can obtain a credit equity home loan refinance by going to their local bank and finding out more information first. If one is not happy with their own bank's interest rates, then checking around would be a good option.
How do you get ex boyfriends name off joint auto loan?
You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.
How soon can you refinance or get a home equity loan after the purchase of a home?
Frist mortgage seasoning requirements would be determined by the terms of your loan documents. Some lenders allow loans with no restrictions, others have requirements that would limit your ability to obtain secondary financing or re-financing for a specific amount of time. Home equity loans have different specifications altogether. I am not familiar with any restrictions that would limit your ability to obtain a Home Equity Line of Credit (HELOC) given that you qualify for such a loan. Contact a lending professional for specific answers. You can obtain an equity line of credit immediately after you close your loan. You may refinance your loan also but you should make sure you don't have a pre-payment penalty on your current mortgage, which would require you to pay a penalty if you refinance before the pre-pay penalty time requirement. In most cases the pre-payment penalty is 5% and the time varies by lender and state.
What are the requirements for an FHA refinance loan?
An FHA refinance loan is a service offered to individuals with mortgages. It is capable of reducing one's interest rate. To be considered for this program, one's mortgage must already be FHA insured and no cash may be taken out of the mortgage.
What are the requirements to refinance a house?
Each lender will have specific requirements for refinancing, but most will expect that your income be significantly higher than your mortgage, that you will be able to pay closing costs after the refinance, and that your house is worth more than you are asking to borrow in the refinanced loan.
