Monday, November 3, 2008

VA to Allow 100% Refinance

In an effort to aid veterans with subprime mortgages, the Veteran's Administration has just announced that they will start to allow refinancing to 100% loan-to-value, up from the previous limit of 90%. This news should help provide an additional way out of a potentially harming subprime mortgage. Drop a quick email to info@mortgageinwashington.com for a copy of the VA announcement.

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