This video and its contents are not intended for residents or home owners in the states of MA, NY or WA.
Theoretically speaking, there is no maximum number of times that a borrower can refinance their VA loan. However, there are plenty of practical restraints that will limit most borrowers to two or three refinances throughout the term of the loan. The VA has a rule for refinance - that a refinance cannot be approved unless the interest rate on the new loan is lower or there is substantial net benefit for the borrower.
There are only so many situations where a refinance provides a sufficient amount of net benefit, and therefore only so many situations in which you’ll be able to do a refinance.
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How many times can I do a VA refinance? rates of duty column 2 | |
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| Education | Upload TimePublished on 5 Aug 2015 |
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