Posts tagged as:

va refinance

Affordable Refinance Program

by themightyquin13 August 2009

The Obama Administration has introduced a comprehensive Financial Stability Plan to address the key problems at the heart of the current crisis and get our economy back on track. A critical piece of that effort is Making Home Affordable, a plan to stabilize our housing market and help up to 7 to 9 million Americans [...]

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To Pay or Not to Pay? The VA Loan Funding Fee

by Vikki P.27 July 2009

For guaranteed loans, the law requires the borrower to pay the VA Loan Funding Fee.  A veteran will be asked to pay this upfront during the final stage of the loan application process. Though VA home loans provide veterans a no-money-down benefit, a veteran is asked to pay the VA Funding Fee as a [...]

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VA Streamline Refinance or IRRL

by themightyquin10 June 2009

So what happens when interest rates drop, and your once low rate is no longer competitive in today’s market?
Lucky for you, Veterans have a quick and easy solution.
The Streamline Refinance or Interest Rate Reduction Loan (IRRL) program as it is also known, can easily reduce the interest rate on your mortgage and consequently lower your [...]

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VA Cash Out Refinance

by themightyquin10 June 2009

After having carefully planned and researched, you finally close on a VA home loan thinking that this is the end of all the troubles. As the years pass, so do your family dynamics. Maybe your family has grown in numbers and it’s time to add the extra bedroom, or maybe it’s just a matter [...]

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Benefits to Refinancing with a VA Streamline Refinance Loan

by Toni14 May 2009

VA homeowners seeking to lower monthly mortgage payments and/or looking to switch from an unstable variable interest rate mortgage should benefit from refinancing with the VA streamline refinance program.
The VA streamline refinance program or IRRRL (Interest Rate Reduction Refinancing Loan) is available to current VA loan mortgage holders who are active duty military, veterans, reservists [...]

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