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VA Cash Out Refinance 100 LTV - Low VA Rates for Veterans
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Hello! This is Eric with Low VA Rates, and today we're talking about the VA cash-out refinance loan of 100% LTV, or loan-to-value. Let's jump right into it. First off, what is a VA cash-out loan? Well, imagine your home is like an ATM. Anytime you need money, you can go to an ATM and get some, so long as you have money in your checking account. The VA cash-out loan works the...
VA Funding Fee Refund: Find Out If You Are Eligible
If the VA overcharged your funding fee, you may also qualify for a refund.
Our mission at Low VA...
VA Allowable Fees and Non-Allowable Closing Costs
Prepayment penalties (allowable for refinances)
Demand or payoff statement (allowable for refinances)
Who Pays What When
Even the fees that can be charged have a limit to how much money they are allowed to be charged for each cost. For example, the origination fee cannot exceed 1 percent of the loan amount. The recording fee has a similar restriction and cannot exceed $17. It's also important to know that closing costs can often be financed into the loan amount,...