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Video Description:
Homeowners with VA home loans for their primary mortgage CAN use a home equity line of credit (HELOAN) to get cash while still keeping their current rate.
While it's true that the VA itself doesn't offer any kind of home equity loan option that they back, you can still qualify for one if you meet a lender's requirements. Having a VA loan won't exclude you from enjoying this benefit.
So if you are really happy with your current interest rate—so you don't want to refinance—but you could use some extra cash, then give us a call. We might just be able to help!
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DISCLAIMER: Eric is not a licensed loan officer. All advice given is for informational purposes only. For more detailed information, please call in and ask to speak with a licensed mortgage loan originator. This video is not applicable to borrowers in the State of Washington.
This video is not intended for residents or homeowners in the states of NY or MA.