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A VA loan or mortgage refinance is a home loan product backed by the Department of Veterans Affairs (VA). It lets you swap your current loan for a new one, but with different terms.
When you refinance a car loan, the bank will run a hard credit inquiry. This action will reduce your credit score by a few points, but that's not the only factor in play here.
Fed rate cuts could make auto loans a better deal. If your current auto loan is high-interest, see if you can save money by refinancing your car.
If you have served, or are still serving, in the U.S. military, you may qualify for an equity disbursement through a VA loan. VA mortgages and refis offer many generous benefits, including the ...
In addition to the military-related requirements, there are other differences between the two loan types, including credit score and down payment minimums. VA loans offer 100-percent home ...
Credit score for FHA vs. VA loans. ... You don’t pay mortgage insurance with VA loan purchase or refinance loans. ... the type of residence and if you have full VA entitlement. Veterans, service ...
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