LoanDepot is among the largest non-bank lenders in the country and offers various loan products, including VA loans. The lender is an ideal choice if you’re short on time and you need to close a VA loan fast. LoanDepot’s Mello Smartloan digital application eliminates paperwork to reduce the closing time by 17 days.
A minimum credit score of 620 is required for a loan, but loanDepot doesn’t publish the APR, so you have to apply to find out what you qualify for. However, they will waive the refinancing fee for any existing customers.
Founded in 1998, NewDay USA is a veteran-focused lender specializing in VA home loans. To date, the lender has helped more than 75,000 veteran families buy homes. NewDay offers fixed-rate mortgages with 15-year or 30-year terms as well as mortgage refinancing while providing additional benefits.
You can save up to $3,000 in mortgage payments per year through the VA Streamline Refinance. The company offers a cash-out refinance equivalent to 100% of your home’s value. (Pokračování textu…)