# Mortgage Basics

VA IRRRL

The Veteran Administration’s Loan originated in 1944 through the Servicemen’s Readjustment Act; also know as the GI Bill. It was signed into law by President Franklin D. Roosevelt and was designed to provide Veterans with a federally-guaranteed home loan with no down payment. VA loans are made by private lenders like banks, savings & loans, and mortgage companies to eligible Veterans for homes to live in. The lender is protected against loss if the loan defaults. Depending on the program option, the loan may or may not default.

Up to
NA
LTV - Purchase
100%
LTV - Rate & Term
100%
LTV - CASH OUT
30%
Year Fixed
IO Options
County specific
Price range

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# Apply For VA IRRL

Who is eligible for a VA Loan?

In order to be eligible for a VA loan, a borrower must be a military veteran who meets certain eligibility requirements. These requirements include:

  • Having served a minimum amount of time in the military, depending on the era in which the veteran served. In general, veterans who served during wartime must have served at least 90 consecutive days of active duty, while veterans who served during peacetime must have served at least 181 days of active duty.
  • Receiving an honorable discharge from the military. Veterans who were discharged under dishonorable conditions or who were separated from the military for other reasons may not be eligible for a VA loan.
  • Meeting certain income and credit score requirements. In general, VA loan borrowers must have a sufficient income to support the mortgage payments and must have a credit score that is high enough to qualify for a mortgage. The specific income and credit score requirements will vary depending on the lender and the borrower's individual circumstances.

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650-200-2304

Testimonials

"Kristin Howard is genuinely helpful, knowledgeable, and accommodating. She went out of her way to assist us not once but three times now. Home purchase, home equity loan to update and upgrade our home, and refinance. VA loans she’s hands down the best!"
"I had the absolute pleasure of working with Kristin Howard on three separate deals, and I can confidently say that she is an incredible professional. Each time, Kristin made the entire process seamless, stress-free, and efficient. Her attention to detail, clear communication
"I’ve had the pleasure of working with Kristin Howard for the last two years. She has been a substantial asset to My business, No matter the loan size. She is dedicated to her work and Facilitating the process. If One is trying to obtain commercial financing, Residential, Or
"Outstanding Service and Expertise! I had the pleasure of working with Silvia during my home purchase, and I cannot recommend her highly enough. From the very beginning, Silvia demonstrated exceptional professionalism, expertise, and genuine care for my needs. She took the ti
"I worked with Silvia she was very knowledgeable and creative! Outstanding experience and highly recommended."
"Groves Capital is truly the best in the country. Their team is exceptional, providing outstanding service with unmatched professionalism. Highly recommended!"
"Kristin Howard & Travis Welfle were amazing. They were very responsive and diligent. Kristin walked me through the whole process and made the experience less stressful than I had anticipated. Thank you!"
"I have financed multiple properties with these guys, and it's been amazing every time. The process was seamless. And I got the best possible rate. They are incredibly professional and efficient. Highly recommended."
"John Murdock was such a pleasure to work with he went above and beyond to be sure everything was transparent. He made sure we had the knowledge on what to expect through the loan process. he is definitely an asset to your company. Will definitely use him again when needing f
"We felt very supported in our loan and made the process very easy. Thank you to Chris and his team for the excellent communication and support."

# Apply For VA IRRL

Why Should You Choose Us?

We're here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our simple Hard Money Rate Quote.

  • Customer Focused
  • Minimal Documentation
  • In-Houses Controls
  • Best Loan Services
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650-200-2304
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