100% Refinance

The VA Home Loan program allows veterans with qualifying income and credit to refinance their primary residence to 100% of the homes appraised value.

100% Cash Out Refinance

VA also allows you receive cash out up to 100% of the homes appraised value.

This is the only mortgage programs around today that allow 100% cash out. There are specific restrictions for what is defined as cash out. If you would like to see if you qualify for this exclusive cash out program please fill out an online application or submit a VA Status Check.

No Monthly PMI!

Not only can you obtain a VA cash out refinance to 100%, but you do not have to pay a monthly PMI (private mortgage insurance) premium. Hazard insurance insures the homeowner (this is homeowners insurance) but PMI insures the lender against homebuyer default.

Other benefits of a VA mortgage include the following.

• The VA home loan is assumable
• Simple to understand
• Offers security from interest rate risk
• Prepay without a pre-payment penalty
• You have VA behind you if you ever need assistance

Contact a Loan Specialist Online or toll free at 800.461.4152 to learn more about RANLife's VA mortgage Programs.