You would need to refinance.
You would have to do a refinance if your going from VA to Conventional- What would be the purpose of going to a conventional loan? Looking to purchase another home using VA? Call me to discuss - Christine @ 985-956-7555 - Look forward to hearing from you!
This is easy, but I would just like to know why would you want to convert your VA loan into a Conventional loan. VA rates are much lower than conventional rates and you can get cash out up to 100% of the appraised value. Also, if you just wanted to lower your interested rate you can do a VA IRRL and not have to do an appraisal. I can be of assistance to you please feel free to contact me. Steffnie Parsons 405-445-1091
There is no way to "convert". You need to simply refinance...
You cannot convert your VA loan into a conventional. You can however refinance into a conventional loan. Currently VA loans have a lower rate than conventional, they don't require mortgage insurance, and if your a disabled vet, you would not have to pay a funding fee.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
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