To build, buy, or refinance. Call our experts at: phone icon1-844-422-3622


  • CheckmarkMake home improvements
  • CheckmarkMay be able to lower your rate
  • CheckmarkConsolidate debts
  • Exclusively for military

Mortgage Products for Refinancing


  • VA Cash Out Refinance
  • VA Interest Rate Reduction Refinancing Loan (IRRRL)
  • VA High Balance loans
  • Conventional refinancing programs
  • FHA loans
  • USDA loans

Who it's for:

  • For current and former US military servicemembers with qualified credit
Loan Type Interest Rates APR As Low As
VA IRRRL 30 Year 3.25% 3.307%
VA 30 Year 3.25% 3.613%
VA High Balance 30 Year 3.49% 3.813%
FHA 30 Year 3.125% 3.341%
USDA 30 Year 3.375% 3.531%
Conventional 30 Year 3.50% 3.612%

Important Notes and Disclaimers

Fixed-rate loan payments (principal and interest) remain the same throughout the term of the loan (taxes and insurance will change over the term). All loan products shown in the table above are subject to approval. Actual interest rates are based on an evaluation of credit history and loan term, so your rate may differ than the rates shown in the table above. Rates subject to change at any time. The stated rate may change or not be available at the time of loan commitment or lock in.

For today’s rates, call us at 844-247-4208. Lock commitments cannot be processed by voicemail or email. The above scenarios are based on a credit score of 720 and a loan to value ratio of ≤80%. Contact AAFMAA Mortgage Services LLC at 844-247-4208 for other qualification requirements. For a complete listing of all disclaimers and disclosures, see the links at the bottom of this page.

Section 10VAC5-160-16 of the Virginia Administrative Code requires that we state, “the member’s total finance charges may be higher over the life of the loan”.

Common Questions

You may consider refinancing to possibly lower your interest rate and/or reduce the length of your loan. Also, you may want to refinance if you currently have an adjustable rate mortgage and want to switch to a fixed rate mortgage if you’re concerned about your current interest rate increasing. Additionally, you may refinance in order to get cash out to consolidate debts or get money for home improvements. Call (844)-422-3622 or contact us to find out more.

On a refinance, funds are normally disbursed on the fourth business day after you sign your loan documents. The entire refinancing process, from application to loan closing, may be completed in only a couple of weeks. It all depends on your specific situation. We’ll guide you through the entire process. Call (844)-422-3622 or contact us to find out more.

The first step is to complete the loan application. After completion, one of our dedicated, licensed mortgage experts will use your credit and financial information to determine which loan program is right for you. You may be eligible for a VA Cash Out loan at up to 100% of your home’s appraised value.