VA Refinance

Competitive Refinancing Rates

Experienced and Responsible VA Mortgage Refinancing

As one of the nation’s top VA mortgage lenders, NASB is able to provide a variety of loan programs to suit your needs, including Conventional, VA, and FHA home loans. What does this mean for you? It means NASB can provide the loan programs and resources to help you get the best possible rates and lowest fees on your VA refinance. Regardless of how familiar you are with VA Streamline refinance, our friendly, knowledgeable VA mortgage professionals will be there for you every step of the way to make sure you have all the information needed to make the best decision for your family. Please read below for an overview and the different options available to you. Contact us to get started.


Types of VA Refinance Programs

 


Veterans and Active-Duty Military Personnel who already have an existing VA loan are eligible for VA Streamline Refinancing. The Department of Veterans Affairs (VA) implemented this program to help veterans lower their interest rates and monthly payments with no out-of-pocket costs. The VA Streamline refinance, also known as the Interest Rate Reduction Refinance Loan (IRRRL), is one of the best options on the market. In addition to lowering interest rates and monthly payments, IRRRL's are also one of the easier programs to get approved for. With this type of VA streamline refinance, there is often no appraisal required or income documentation making this hassle free and streamlined. Contact us today to get started.

 


A Cash-Out utilizes the equity in your home to help you make needed home improvements, cover education expenses, or pay off other high interest loans or credit cards. The amount of equity (i.e. cash) you are able to borrow is based on the appraised value of the home used to secure the new VA loan balance, along with other factors such as credit score, income, and existing debt. In most scenarios you can receive at least 95% of the home’s value and in some instances receive a loan for 100% of the appraisal value. The benefits of this include no out-of-pocket costs and no private mortgage insurance payments. In addition, the interest rate and payments on a VA mortgage loan are often lower than a comparable conventional mortgage option.

 


If you do not currently have a VA loan but are now an eligible borrower who qualifies for one, you too may be able to lower your interest rate and save on your mortgage. Moving your current mortgage to a lower rate VA home mortgage, will not only lower your monthly payment and free up extra cash, but also eliminate expensive mortgage insurance payments. Furthermore, you may be able to save thousands of dollars in interest premiums by lowering the term of your loan.

VA Home Loan Mortgage Rates

The federal government dropped interest rates over the years to stimulate home buying, and the hope of helping the economy. If your VA home loan mortgage is an Adjustable Rate Mortgage, now is still the time to consider getting your loan to a permanent, lower fixed rate. 

 

As a reputable nationwide lender, NASB will ensure that you get the best service and the best available rate. We will provide you with a “Good Faith Estimate,” outlining a firm quote that includes all of our fees and lender controlled costs, as well as an accurate estimate of supplementary loan costs such as title insurance, recording fees, and transfer taxes.

Start taking advantage of your military benefits! You can count on NASB to offer the most competitive rates available. For a more detailed quote or additional information, please contact a NASB mortgage consultant.


Why Do People Refinance a VA Loan?

VA loan refinancing allows qualified veterans or Active-Duty Military Personnel to replace their existing VA mortgage terms with new mortgage terms that benefit them. There are several reasons why someone might choose to refinance their home mortgage. The most common benefits include reducing your interest rate, lowering your monthly payment, or reducing your loan term so you can pay off your loan more quickly. Refinancing is commonly done to alleviate risk. This especially comes into play when a homeowner has an Adjustable Rate Mortgage (ARM) and wants to refinance to a fixed-rate mortgage that is not subject to potential rate increases, thereby reducing the uncertainty of risk and the future risk of not being able to afford payments when the rate starts to adjust. It may also free up extra cash that can be used for long term goals such as home improvements, education expenses or more immediate needs that may arise. 

 


 Get a Rate Quote

To receive a personalized rate quote, or get pre-qualified online, fill out the form and a loan officer will be in contact with you.

Or you can call 855-465-0753 to speak with a  loan officer.

If you would prefer to schedule an appointment to talk, click here.

By clicking the Submit button you agree that you are providing an electronic signature expressly authorizing NASB to contact you by telephone at any of the telephone number(s) provided above using an automatic telephone dialing system or an artificial or prerecorded voice or via text/SMS message, even if the telephone number is assigned to a cellular telephone service or other service for which the called party is charged. NASB may also contact you via email using any email address you provided. This authorization overrides any previous registration on a federal, state or corporate Do Not Call Registry or any internal NASB privacy or solicitation preference you have previously expressed. You are not required to provide this authorization as a condition of purchasing any property, goods or services from NASB. As an alternative, you may call us directly at (866) 627-7119 and we will process your request over the phone.


Mortgage Lender Reviews

Everyone I dealt with was a top notch professional.  It makes me even prouder having served my country, knowing I got this type of excellent treatment.  Thank you NASB and everyone involved.  Someday I would like to meet each and everyone involved in this transaction, you people are what America is made of, thank you again for the smooth transaction.

- John from Indiana

 

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My loan officer was always available to me, even when I would leave a message he would get back to me promptly. While working with NASB, I felt like he was working for me and not just his company. His team was very helpful in gathering information to complete my loan.

- Tracey from Oregon

 

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NASB and its staff are awesome. They actually have their act together and can help you navigate through the entire process with ease. This is my 3rd loan through them. I would highly recommend.

- Dale from Maryland