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Is VA refinance possible?

The veteran has passed and my mom is still on the loan. We would like to refinance. by chris.steveort22 from Jacksonville, Oregon. 7 days ago Reply


Randy Free (rfree@opesadvisors.com)
#2 ranked lender in Oregon - 47 contributions

Surviving spouses of veterans who died from non-service connected causesmay also be eligible if any of the following conditions are met: (1) the veteran was rated totally disabled for 10 years or more immediately preceding death; or (2) was rated totally disabled for not less than five years from date of discharge or release from active duty to date of death, or (3) the veteran was a former prisoner of war who died after September 30, 1999, and was rated totally disabled for not less than one year immediately preceding death.~ I am happy to look into your scenario further with no cost and no obligation. Feel free to call me. Randy Free (541)984-5428 rfree@opesadvisors.comMortgage Advisor - NMLS 283930 4710 Village Plaza Loop, Suite 130 Eugene, OR 97401

7 days ago
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,477 contributions

Yes, it is potentially possible, and Randy laid out the additional rules exactly for a VA refinance. Contact a local VA lender and give them a full application. They'll review both VA and non-VA loan options. For this situation in MN, WI, and SD, visit me at www.VAMortgageMN.com

6 days ago
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 7,861 contributions

The short answer is yes.. but there are conditions which must be met.. Regardless, if there is sufficient equity, she could refinance just using conventional or FHA financing.. It's best to call a local mortgage banker/broker and let them look at her complete loan scenario.. this way, they can advise you on the best loan for her particular situation. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

6 days ago
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