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Updated almost 4 years ago,

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1
Votes |
28
Posts

Any Success with VA Loan for SFR in Burbank

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Posted

Has anyone had success using a VA loan for house (3bd/2 bath, <1M) in Burbank recently?

I have talked to several brokers who have told me that it is rare but possible...

Trying to weigh the benefit of refinancing primary residence out of VA loan into conventional to restore VA entitlement for a purchase this summer.

Advice has been to offer conventional loan with 15% down, then try to switch to VA loan with 10% down to have more cash for renovations- does this sound feasible?

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