Many VA-eligible borrowers are waiting for the right time to refinance their existing mortgages. Here are three mega reasons why now might be the best time ever for a VA refinance loan.

A VA cash-out refinance loan can provide eligible borrowers with cash out of the equity in their homes to pay for major expenses or debts.

VA home loans have many advantages over many other mortgage programs. One such advantage is the fact that most VA loans can be obtained with no money down.

Written by Isaac F. Davis   We recently read an article that reports that only a very small portion of Veterans are using their VA loan benefits. According to the research done by iFreedom Direct, less than 10% of veterans are taking advantage of the benefits they have earned. Even more surprising is that according [...]

  When bond prices rise, and yields fall along with interest rates, a recession is sure to follow. When Americans celebrated the 2009 New Year, mortgage rates were at a historic low – the lowest they’ve been since 1971. And, many VA loan borrowers wonder whether now is the time to take advantage of low [...]

Written by Isaac F. Davis    It’s common for VA-approved lenders to use VA underwriting software to “read” income and credit numbers in a VA loan application to determine whether a borrower qualifies.  In some circumstances a closer look from a manual underwriter (someone with special certification for determining VA loan qualification) is needed.    [...]

Written by Isaac F. Davis   Many VA borrowers wonder whether they can get more than one loan with the VA Loan Guaranty Program.  In fact, you can use VA loans as many times as you want as long as you have entitlement.  Entitlement is how much the VA will guarantee for each loan under [...]

Written by Isaac F. Davis   The recession throughout 2008 has affected unemployment.  In 2009, families are struggling to make ends meet.  Shrinking home values and rising mortgage delinquencies are causing the U.S. housing market to be in crisis — a situation that intensified in late 2007 and climaxed in 2008.  A surplus of bank-owned [...]

Written by Isaac F. Davis   VA loans have proven to be resilient since the start of the recession in 2008. When mortgages issued under other loan programs came to a virtual halt, VA loans seemed to continue progressing at a steady pace.  Factors leading up to the 2008 mortgage crisis had little effect on [...]

While interviewing with Matt Lauer on February 2, 2009, President Barack Obama said U.S. Troops would start to be withdrawn from Iraq within a year.  The President said that the United States can now start giving more responsibility to the Iraqis, and that a more clearly defined withdrawal plan would follow in the coming days.  [...]