Do you only offer VA loans?

I am a full service mortgage broker. Although VA is the majority of what I do, I also have other mortgages like FHA, Conventional, USDA and Non QM.

Do you only service the Dayton and Cincinnati markets?

Dayton and Cincinnati are the majority of my business. However, I'm authorized to offer mortgage loans in 40 states. For loans outside of these areas, I can refer them to friends in the business.

VA Cashout vs VA Streamline Mortgage Refinance | Carlos Scarpero- Mortgage Broker

Wondering what the difference is between the VA Cashout Mortgage program and the VA Streamline refinance? Check out this handy chart!

	Cashout	Streamline
Max Loan	100% of property value (if there’s enough entitlement and net tangible benefit)	Amount of current VA loan plus closing and funding fee costs, not to exceed 100% of property value
Mortgages That Can Be Paid Off	Any mortgage including VA, FHA, USDA, Conventional, HELOC	VA mortgage only
*Credit Requirements*	Full underwriting	Limited credit check but most lenders have a minimum score requirement
*Income Check*	Full documentation	None
*Funding Fee*	2.15-3.3% (unless exempt)	0.5% (unless exempt)
*Can Pay Off Other Debts*	Yes	No
*Cash Back At Closing*	Yes	No

For more info, check out my other blog posts that explain each program in more detail

The Complete Guide to the VA Cashout Refinance Loan

The Complete Guide to the VA Streamline Refinance, IRRRL

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Carlos Scarpero

Carlos Scarpero is the founder of Scarpero.com and a mortgage loan officer focusing on VA and Non QM mortgage loans. He is also the author of VA Loans Made Easy.