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  2. 6 Things You Need To Do When Considering a Government ... - AOL

    www.aol.com/6-things-considering-government...

    A government-backed refinance is when you refinance an existing mortgage with a new loan guaranteed by a government agency, including FHA, VA and the USDA. Here’s more about the refinancing ...

  3. VA home loan requirements for 2024 - AOL

    www.aol.com/finance/va-home-loan-requirements...

    VA loans give service members, veterans and eligible surviving spouses more favorable terms on primary mortgages and refinances than conventional loans and even other government loans.

  4. VA loans: What they are and how they work - AOL

    www.aol.com/finance/va-loans-200043770.html

    Refinancing a VA loan. There are two main ways to refinance a VA loan: with an Interest Rate Reduction Refinance Loan (IRRRL), also known as a VA streamline refinance; or with a VA cash-out refinance.

  5. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

  6. How to get a VA home loan - AOL

    www.aol.com/finance/va-home-loan-194111486.html

    Credit score: While the government sets no minimum credit score for getting a VA loan, the individual lender, which actually approves the mortgage, probably does. If your credit score isn’t in ...

  7. Streamline refinancing - Wikipedia

    en.wikipedia.org/wiki/Streamline_refinancing

    Streamline refinancing reuses the original paperwork from a home loan, allowing someone to refinance the property before private mortgage insurance or insurance rates rise. The FHA streamline refinancing program requires no repairs be made to the property except for the removal of lead-based paint. [ 6 ]

  8. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

  9. VA loan refinance: What is it and how does it work? - AOL

    www.aol.com/finance/va-loan-refinance-does...

    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.

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