So Jennifer..both my wife and I are able to use our VA benefit as veterans. Our current VA loan is using my benefit as a 90% service connected. If I decide to relocate and purchase another home, can I apply my wife's cerrificate to our current home, like a swap, to free mine up for the new purchase or will it be tied up until I sell? She is not service connected and not thrilled about paying a funding fee with her benefit. Thanks!
You can use your wife's certificate on another home. I've re-used mine multiple times, luckily the funding fee is capped at 3.5% for subsequent uses. The first time is much lower.
I'm so glad I found you. I don't even know how TH-cam knew I needed this! Secretly recommending to my clients, shhh!
I absolutely love getting off work and seeing a new videos for VA Wednesdays. I honestly wish more lenders were like YOU guys!
Appreciate you :)
Thank you for being amazing 😊
Another amazing Vid. Will be calling to ReFi 2024 Feb. Having to wait 210 days is trash.
Now that I am getting to my 210 days, I have being getting a lot of letters from lender to refinance. Crazy. I will wait for your call.
Good call. Rates have not come down yet to where we are thinking refi is the move.
Great video, do you think we are getting close to getting better rates.
Rates are looking good right now after drop on Friday.
How can I pull equity from my VA loan without refinancing?
You would have to do a home equity line line of credit. Unless you have a specific use for it, I would avoid it.
So Jennifer..both my wife and I are able to use our VA benefit as veterans. Our current VA loan is using my benefit as a 90% service connected. If I decide to relocate and purchase another home, can I apply my wife's cerrificate to our current home, like a swap, to free mine up for the new purchase or will it be tied up until I sell? She is not service connected and not thrilled about paying a funding fee with her benefit. Thanks!
You can use your wife's certificate on another home. I've re-used mine multiple times, luckily the funding fee is capped at 3.5% for subsequent uses. The first time is much lower.
Which do you recommend? Cashout or irrl?
Funny story, I did have a random person call and I no shit said, You're not jennifer!
Love VA Wednesday.... 😄
Thanks Jennifer sorry for being a jerk the other day!! You are really a great source of information!!!
Thank you
Yeah I really gotta stop watching that political stuff on youtube it just gets me irate, but have a wonderful day
You too!