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My husband was a veteran, the mortgage was in his name only. Hedidn't pass while in the military.Can I refinance his VA loan?

by dktownsell5475 from Waldorf, Maryland. 23 days ago Reply


Ernesto Marez (EMarez)
#106 ranked lender in Maryland - 11 contributions

you should still have military benefits, call me to confirmE. Marez301.535.2912

22 days ago
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,727 contributions

If you have not remarried, then yes,, you can refinance using VA.. But that dosent mean that a VA refinance is the best option for your scenario.. If your spouse died as a result of a military related disability, then the VA will waive the upfront funding fee.. this would make VA the best option.. but if you are required to pay the funding fee, then there might be better options available to you.. The best advice I can give you is to contact a mortgage bank/broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with a Banker/Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. I'm a preferred Lender with Arizona and California 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

22 days ago
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