There are various types of home refinancing options available to eligible veterans and active-duty personnel.
Here we will outline the requirements, benefits, and potential drawbacks of each option such as the Interest Rate Reduction Refinance Loan (IRRRL), the Cash-Out Refinance, and the Native American Direct Loan (NADL) refinance.
We will follow with practical advice on how to determine if refinancing is the right financial move, factors to consider during the application process, and tips for finding a top-rated lender.