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Updated over 8 years ago,
2016 VA Loan Refi. updates ??
Good Evening,
I am taking my last 2 years Taxes, 2 months of Bank Statements, Drivers License, Social Security card , Copies of work checks for the year ( Self-Employed ) To two seperate Lenders that I have been talking with / trying to get Financed through, for the purpose of buying an Investment Property.
My Question is ...... I am wanting to use my VA Loan to do a Refinance on my Primary ( which is currently financed via an FHA loan ).
What are the Currently Guidelines by Which a Lender " Has to " Loan you via a Refi. using a VA Loan ...... Is it 90% of the ARV of the property ( my Primary ) ? 95% ? 100% ?
Thanks so much for the help