Refinance

Found 3 blog entries about Refinance.

I want to make sure all our wonderful Veterans are aware of these opportunities associated with their VA loans. Since 1944, over 20 million Veterans and Service Members have purchased a home through the VA Home Loan program. Over the past 5 years VA home loans have had the lowest foreclosure rate than any other type of home loan.

The VA's Home Loan Program Benefit is not a one-time benefit. It can be reused. Veterans may reuse their VA benefit to purchase another residence, or to refinance to a lower rate. Refinancing a VA loan is referred to as an Interest Rate Reduction Refinance Loan (IRRRL). No appraisal or credit underwriting is required.

One average, Veterans saved more that $200 a month after an IRRRL. You can read more about the program

819 Views, 0 Comments

Tricks to Refinancing your home...even if you dont qualify!

Many people are taking advantage of refinancing! I mean this is history right now with lowest rates in decades! But what about those who are in their home and aren't sure if they qualify? Here are the tricks to refinancing.

1. Where do I get the best rates?

You can shop around! However, it is confusing as some people say they will give you no costs. I know one person that told me, I got the greatest deal with no costs but his interest rate was pretty high. Don't fall for no costs. Be sure to compare APR's as those will include costs. The best place we have found closing costs and rates have been local mortgage broker. Tim Peterson tim@rightsidelending.com or Sandy Lowe

548 Views, 0 Comments

Tricks to Refinancing your home…even if you don't qualify!

Many people are taking advantage of refinancing! I mean this is history right now with lowest rates in decades! But what about those who are in their home and aren’t sure if they qualify? Here are the tricks to refinancing.

1. Where do I get the best rates?

You can shop around! However, it is confusing as some people say they will give you no costs. I know one person that told me, I got the greatest deal with no costs but his interest rate was pretty high. Don’t fall for no costs. Be sure to compare APR’s as those will include costs. The best place we have found closing costs and rates have been local mortgage broker. Tim Peterson tim@rightsidelending.com or Sandy Lowe sandy@silverrm.com

574 Views, 0 Comments