How to get a Kentucky VA Home Loan?
Benefits available through the VA loan program for Kentucky Veterans Benefits offered through the Kentucky VA loan program include purchase loans to help you buy a home at a favorable interest rate, cash-out refinance loans which allow for cash withdrawals from your home’s equity to pay for other needs, and Interest Rate Reduction Refinance Loans (also called IRRRLs or streamline refinance loans) to help homeowners refinance an existing VA loan to a lower interest rate or more favorable terms. You may not receive cash out proceeds from an IRRRL. Who is eligible for a Kentucky Home VA loan? Veterans aren’t the only ones who can qualify for Kentucky VA loans. Y ou may also be eligible if you are a current or former National Guard or Reserve member, an active duty servicemember or an eligible surviving spouse. The specific benefits available will be determined by the VA based on the amount of time you (or your spouse) served or service commitment, your duty status and your character o...