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Thursday, December 4, 2008

No declining market restrictions - 100% cash out - VA Loans

There are No declining market restrictions on our 100% cash out refinance VA Loans.

I forgot to mention this in the last blog post; blog post on 100% cash out VA refinances.

There is no limitation on which states qualify for the 100% cash out refi option on these loans, there is no additional declining market cap on LTV like Fannie, Freddie, & private loans. All "declining" markets are fully eligible for these loans, including California, Arizona, Nevada, Florida, Georgia, etc.

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