VA Streamline Refinance Loan

The VA streamline refinance loan is a type of mortgage loan that you can get if you are currently a VA customer. Here are the basics of the VA streamline refinance loan and how it works.

VA Streamline Refinance Loan

The VA streamline refinance loan is a type of loan that is designed to be convenient and fast for the borrower. In order to get this type of loan, you have to be a veteran or a member of the active military. You also have to already have a VA mortgage on your home.

Benefits

This type of loan can provide you with benefits over other types of mortgages. First, you are not going to have to go through any type of credit check. The lender does not need to check your credit because they have already reviewed it when you got your first mortgage. They are also going to avoid checking out your income or employment situation. As long as you have been current on your existing mortgage, they are not going to find it necessary to make sure that you have a job. With this type of program, you may also be able to skip one payment.