Georgia VA Home Refinance Loan, Atlanta VA Home Refinance Loan

VA Mortgage guidelines enjoyed several changes as signed into law by the President on October 10, 2008. A very important change for qualified veterans was the increase in the amount of a VA refinance loan from 90% to 100% of appraised value.

Many homeowners in the Metro Atlanta area as well as all of Georgia have experienced a decline in the value of their home during the past twelve months. Declining values impact the total loan amount available for mortgage refinance. In the past this might have prevented a veteran from refinancing from a sub prime mortgage into a VA Home Loan, the increased loan to value has helped many eligible veterans refinance into a lower interest rate loan. The 100% financing is only available for interest rate reduction loans. No cash from the transaction is allowed. All closing costs may be included in the loan amount. Eva Sleeper is an experienced VA loan originator. Call Eva today to ask about your free appraisal! The cost of your appraisal will be credited back to you at time of closing. All appraisals must be paid in advance at time of appraisal. The credit of the cost is just one way Eva says “Thank you for your service”.