Exploring VA Loan Refinancing Options: A Guide to the VA Streamline (IRRRL) and Cash-Out Refinance ProgramsTerrence Vanlue1 minute read
VA loan borrowers have several options when it comes to refinancing their existing mortgage. In this article, we'll delve into two popular refinancing programs offered by the VA: the VA Streamline (Interest Rate Reduction Refinance Loan) and Cash-Out Refinance programs.
The Department of Veterans Affairs, which guarantees all VA home loans, does not require a certain credit score. But private lenders who issue VA loans may have their own minimum credit rating requirements, which typically range from 580 to 660.