The Louisville, Kentucky VA mortgage refinancing programs offer attractive benefits of eligible VA veterans and active-duty personnel. The rate and term program is designed to refinance an existing qualified mortgage (regardless of type) into a Louisville KentuckyVA loan product. So the existing loan could be a conventional, FHA, Sub-Prime, or other product. So long as the new loan amount and property qualify under current Louisville Kentucky VA program guidelines.
The second financing option involves Louisville Kentucky’scash-out refinancing. As an eligible VA borrower, you can take advantage of the equity in your home for a multitude of reasons. Pay off a second mortgage, take cash-out for a motor home, pay for college tuition, etc. The guidelines for borrowing under the VA cash-out loan program vary, so give us a call to find out what options are available for you.
Interest Rate Decrease for SFH Direct Programs October 17, 2019 Programs Current Interest Rate Interest Rate Effective 11/1/19 Section 502 Direct – Program Loans 3.125% 3.000% Section 502 Direct – Non-Program Loans 3.625% 3.500% Section 524 Housing Site Development Loans – Non-Self-Help 3.125% 3.000% For Program Information Single Family Housing Direct Loans Single Family […]
Yesterday you may have read the blog post on questions to ask yourself before applying for a mortgage. Here are 5 additional that you may want to think about before you go into your meeting with your loan officer.
Here are questions 6-10 that you may need to get answers to before completing your application:
6. How Long Until We Can Close Our Loan?
Loan closing times are based on a number of factors. Closing dates may be delayed if there are missing documents or other underwriting delays. Speak with the loan officer to get an estimate on the time from application to closing.
7. What Possible Delays May I Face In Closing?
There are a number of delays that often cannot be avoided. However, some can be avoided by making sure you provide your loan officer with all the documents they request in a timely manner. In some cases…
Yesterday you may have read the blog post on questions to ask yourself before applying for a mortgage. Here are 5 additional that you may want to think about before you go into your meeting with your loan officer.
Kentucky First-Time Home Buyer Programs | USDA, FHA, VA & KHC Loans 