If you want to re-finance and take advantage of the present day low interest rate environment, but you should not eliminate household collateral line of credit (HELOC) or any other supplementary resource, you have got an alternative when it comes to Department out of Experts Issues (VA) home loans.
While you are a seasoned, an active obligation service representative or a surviving partner exactly who qualifies for good Va loan, you will be entitled to re-finance much of your mortgage without having so you’re able to dive owing to hoops to repay people subordinate funding you possess on your own house. (more…)