I thought I’d take a quick break from politics. Enjoy the following guest post from the people of VALoanRequirements.com. They provide a wonderful service to our military.

The Veterans Administration has helped millions of veterans and their families become homeowners through the agency’s exceptional home loan program. But the VA’s laundry list of benefits continues to help homeowners well beyond that purchase – the agency also offers excellent refinance programs to qualified veterans.

Veterans who bought their home with a VA loan have a couple different refinance options. The primary program is the Interest Rate Reduction Loan, better known as a VA Streamline. These loans come with a series of significant benefits, including: No appraisals, No credit checks, No out-of-pocket costs, Qualifying debt ratios, and In-person applications

Veterans can roll out-of-pocket costs, including the VA’s half of 1 percent funding fee, into their new loan. There’s also an option to take a higher interest rate and let the lender cover those costs. With a Streamline, veterans cannot get cash back – but the VA does have a cash-back refinance option for those interested in obtaining capital.

Veterans don’t need perfect credit to qualify for a Streamline. But they do need to be current on their mortgage with no more than one 30-day late payment in the last calendar year. Any lender can provide a VA streamline, so make sure you shop around for the best rates.

Even veterans who used a conventional loan to purchase their home can utilize the VA’s refinance options. Qualified veterans can now refinance up to 100 percent of their home’s appraised value.

To find out more about VA loan rates today. and VA Loan requirements, check out the VA homepage.