Can You Pay off Your VA Loan Early?

Southern California Mortgage and Finance

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Today, we answer the question of whether it's possible to pay off a VA loan early. Let's jump right in...

VA loans do not have any kind of prepayment policies. This means that borrowers can pay off their home loans early, without penalty. This is a significant advantage to homeowners who want to cut down on interest costs over time.

Paying an additional $50 or $100 toward your premium could shave off years and tens of thousands of dollars of your 30-year fixed-rate mortgage!

As always, if you have any questions about VA loans, or if you need lending assistance of any kind, give us a call or shoot us a quick email. We would love to help!

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