VA Cash Out Refinance
A VA Cash-Out Refinance is for current VA homeowners or VA eligible homeowners who want to utilize the their home's equity. This may allow for the equity to be used to pay off debt, fund schooling, or making home improvements. In general, the VA Cash Out Refinance will allow for up to 100% the home's value to be used.
VA Streamline Refinance
The VA streamline refinance loan is called a IRRRL (Rate Reduction Refinancing Loan). The goal is to reduce the borrower's mortgage rate and monthly payments. The VA Streamline is desigend to reduce the paperwork needed to refinance. There may also be no need for an appraisal.
VA Refinance
A VA refinance may be available to eligible veterans who currently have a loan on their home financed via another type of home financing. The process would not have reduced 'paper work' like the IRRRL and would require additional documentation.
Professional assessment
Once you request a rate quote our licensed loan originators will review your information and help assess what program may work best for your needs.
Competitive rates
After the review of your current loan and financial situation you will be able to determine if a refinance will work for you. Once the proper program is chosen and you decide to move forward, you will receive a loan estimate.
Customer Satisfaction Is Our Goal
Freedmont Mortgage®, a division of NFM Lending, has set the standard for trust, honesty, and integrity in the industry for nearly two decades. As one of the oldest licensed mortgage firms in the Mid-Atlantic area, we have the experience and reputation to assist homeowners and homebuyers in a variety of situations. We take pride in helping our clients and assuring they will gain a better understanding of the mortgage process.
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www.nmlsconsumeraccess.org. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. By refinancing an existing loan, total finance charges may be higher over the life of the loan. Programs rates, terms, and conditions are subject to change and are subject to borrower qualification. This is not a commitment to lend. The content on this website has not been approved, reviewed, sponsored, or endorsed by any department or government agency. © 2025. Consult your tax advisor for tax benefits or implications.
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