February 6th, 2013 9:42 PM by Jill Kohler
VA loan volume has hit an 18 year high during the fiscal year that ended in September, according to the Dept. of Veteran’s Affairs. This is a substantial increase, and another sign that military borrowers are moving away from tighter conventional lending space and towards more flexible credit and income requirements. Record low rates have made the VA’s streamline and cashout refi programs increasingly attractive.
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