Hawaii VA Loans - The Best Mortgage Around!
If you serve or have served in the United States armed forces or coast guard there is a good chance that you qualify for a VA home loan. Feel free to contact one of our home loan experts to help determine elegibility. Below we have listed some of the benefits of a VA Loan. It is by far one of the best loan programs available!
| Benefits of VA Home Loans | Benefits of VA Home Loans (cont) | ||
|---|---|---|---|
| #1 | 100% financing on a home purchase | #6 | VA cashout loans up to 90% |
| #2 | No mortgage insurance premium required | #7 | Existing VA loans can be assumed by another veteran with VA benefits |
| #3 | Mortgage rates are .5% - .75% lower than conventional rates | #8 | If veteran is collecting VA disability than there is no VA funding fee required on the loan |
| #4 | VA Jumbo loan rates are 1% - 1.25% lower than conventional jumbo rates | #9 | Lower FICO score requirements (640) making it easier to get veterans to qualify |
| #5 | VA loans are eligible for retired veterans, active duty veterans, and National Guard | #10 | VA loans are fully insured and guaranteed by VA |
Hawaii VA Loans - Streamline refinancing
A VA streamline refinance loan allows those who already have VA loans to take advantage of the current low interest rates. Our mortgage specialists are fluent in VA streamlines and should be able to get the streamline refinance done within 4 weeks time in most instances. The best part is that there is no income verification and the home owner is not required to order an appraisal. Closing fees are also extremely low. Contact us today and be on your way to streamlining your VA Loan for a lower rate.