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VA Refinance
Lower Your Rate, Reduce Your Payment, or Tap Into Your Home Equity
A VA Refinance is a government-backed mortgage option designed exclusively for veterans, active-duty service members, and eligible military spouses. Whether you want to lower your interest rate, reduce monthly payments, or access home equity, VA refinancing provides flexible, low-cost options with no private mortgage insurance (PMI) and competitive rates.
Why Choose a VA Refinance?
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Lower Your Monthly Mortgage Payment – Reduce your interest rate & save
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No Private Mortgage Insurance (PMI) – Save on unnecessary costs
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Cash-Out Refinance Available – Access home equity for major expenses
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No Minimum Credit Score for VA IRL – (lender guidelines may apply)
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Flexible Debt-to-Income (DTI) Ratios – Easier qualification than conventional loans
VA Refinance Qualifications
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Must be an eligible veteran, active-duty service member, or military spouse
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Existing VA Loan for VA IRRRL (Streamline Refinance only available for VA loans)
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Stable income & ability to repay (varies by lender)
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Minimum credit score varies by lender (typically 580+ for cash-out refinance)
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Must meet VA loan occupancy requirements (primary residence required for some programs)
Step-By-Step VA Refinance Process
1. Apply in Minutes
Simple online application
2. Get Pre-Approved
No new home appraisal needed
3. Know your new rate & payment
VA IRRRL or Cash-Out Refinance
4. Lock in Your New Loan Terms
Lower payment or cash in hand
5. Close & Start Saving
Enjoy lower monthly costs or access to funds
Advantages of a VA REFINANCE
Lower Your Monthly Payments – Reduce your interest rate & save
Flexible Loan Terms – Choose between fixed and adjustable rates
No PMI Required – Unlike conventional or FHA loans
Easier Qualification – Higher debt-to-income (DTI) ratios allowed
Cash-Out Refinance Available – Use home equity for debt consolidation, home improvements, or other needs
Fast Processing & Approval – Streamlined process for VA loan holders
No Appraisal or Income Verification for VA IRRRL – Simplified process for existing VA loan holders
VA Refinance vs. Conventional Refinance – Which Is Right for You?
FEATURE
VA Refinance
Conventional Refinance
Eligibility
Veterans, active-duty, military spouses
Any homeowner
Down Payment Required?
No
Yes, if equity is low
Credit Score Requirement
No minimum for VA IRRRL (lender may require)
620+
Mortgage Insurance Required?
No
Yes, if <20% equity
Cash-Out Option?
Yes
Yes
Why Choose Us for Your VA Refinance?
At Trust Lending, we take pride in helping veterans and military families refinance with confidence. Whether you’re looking to lower your rate or cash out equity, our team ensures a smooth, hassle-free process.
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Dedicated VA Loan Experts – We specialize in VA home financing
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Fast & Easy Loan Processing – Get pre-approved quickly
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Technology-Driven Service – Secure, seamless digital experience
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Trusted Experience – Over 20 years of mortgage lending
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Commitment to Veterans – Helping military families save more on their mortgages
Learn More About VA Refinancing
What Is a VA Refinance?
A VA Refinance allows eligible veterans, active-duty service members, and military spouses to replace their existing mortgage with a new VA-backed loan—typically to lower the interest rate, reduce payments, or cash out home equity.
Types of VA Refinancing
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VA Interest Rate Reduction Refinance Loan (IRRRL) – Also known as a VA Streamline Refinance, this simplified refinance option helps VA loan holders reduce their interest rates with no appraisal or income verification required.
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VA Cash-Out Refinance – Allows homeowners to borrow against their home equity, converting it into cash for home improvements, debt consolidation, or other expenses.