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Affidavit of Payment Prior to Sale or Refinance Individual Virginia  Form

Affidavit of Payment Prior to Sale or Refinance Individual Virginia Form

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Instructions and help about Affidavit Of Payment Prior To Sale Or Refinance Individual Virginia

as a veteran or service member you have the option to use your VA loan benefit to purchase a home or refinance an existing mortgage now when purchasing a home a VA loan can be used to buy a new home a manufactured home or even a modular home as long as it meets the va's minimum property requirements with a VA loan you can purchase a home with no down payment and the benefit can be used multiple times as long as you continue to qualify on the other hand you can also use a VA loan to refinance an existing mortgage this is known as the VA streamline refinance or interest rate reduction refinance loan this program enables veterans to refinance their current VA loan into a new VA loan at a lower interest rate without the need for an appraisal or credit check it's important to remember that the VA loan benefit can only be used once at a time so it's essential to consider the pros and cons of purchasing a home versus refinancing an existing mortgage before deciding whi

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