Government-backed · VA · FHA · USDA
Lower payments or tap equity with streamlined options built for borrowers.
Key Advantages of a VA Loan
Learn why a VA-backed loan is one of the most powerful benefits of your military service.
100% Financing
No down payment required for most VA loans, making homeownership more accessible for veterans.
No Private Mortgage Insurance (PMI)
The VA guarantees a portion of the loan, eliminating the need for costly monthly PMI payments.
Competitive Interest Rates
Benefit from some of the most competitive rates on the market, backed by the federal government.
Focus on Residual Income
VA loans prioritize your ability to live comfortably, often allowing for more flexible debt-to-income ratios.
Your VA Refinance Options
Whether you want to lower your rate or tap into your home's equity, the VA has a refinance program for you.
VA IRRRL: The Streamline Refinance
An Interest Rate Reduction Refinance Loan (IRRRL) helps you get a lower interest rate on your existing VA loan.
- Primary Goal: Lower your monthly payment and interest rate.
- No appraisal or credit underwriting is typically required by the VA.
- Can be a very fast and simple closing process.
- You must be refinancing an existing VA-backed home loan.
VA Cash-Out Refinance
Replace your current loan with a new one under different terms, and tap into your home's equity as cash.
- Primary Goal: Access cash from your home's equity for any purpose.
- You can refinance any type of loan (FHA, Conventional, etc.), not just an existing VA loan.
- Can finance up to 100% of your home's appraised value in some cases.
- Use cash for debt consolidation, home improvements, education, and more.
Understanding VA Funding Fees
VA Loan Calculators
Use our interactive tools to check your eligibility, estimate your savings, and understand your financial picture.
Refinance Savings Calculator
Estimate your potential monthly savings with an IRRRL or Cash-Out refinance.
Quick estimate: ~0.6% of balance → $1800
Ask Our AI Assistant
Have a specific question about VA loans, IRRRLs, or refinancing? Get an instant answer from our AI-powered expert.
Get Your Free Refi Quote
Submit your information and a VA loan specialist will contact you with a personalized savings report.