Picture a refinancing option that's lightning fast, extremely easy to qualify for, and guaranteed by a government agency to benefit YOU! ...Welcome to the VA Streamline Refinance Program!
Going by the official name IRRRL, or Interest Rate Reduction Refinancing Loan, this incredible new loan refinance program was recently introduced by the VA as a way to keep veterans in better mortgages. It is available to anyone with a current VA mortgage Loan. What makes this VA loan so amazing is that as long as you have kept on top of your monthly home mortgage payments and have not had any more than 2 reported 30-day lates on your VA loan in the last 12 months, then you are most likely eligible to LOWER YOUR INTEREST RATE without having to re-qualify!
VA Streamline Refinance Mortgages are used primarily by veteran homeowners that want to get out of their current Adjustable Rate Mortgage or Variable Mortgage that will be adjusting to a higher rate soon, or by a veteran homeowner that sees an opportunity to lower their current fixed rate mortgage to a new rate and thus lower his or her monthly mortgage payments. A few of the amazing and exciting benefits of the VA Streamline Refinance Program are:
> No Appraisal needed
> No income or employment verification
> No asset verification
> Credit score doesn't matter
> Possibly skip 2 mortgage payments
> Get a cash refund of any escrow balance with current lender
> Get up to $500 cash at closing
> No out of pocket costs!
If this sounds like it could benefit you, then just fill out our quick VA Refinance Application today and get on the road to lower monthly payments!
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