Quick VA loan myth buster! A VA IRRRL (a VA streamline refinance) does not have to be owner occupied. I just talked with a client who thought he was out of luck because his VA home is now a rental. If you originally bought the home using a VA loan and later turned it into a rental, you may still be able to refinance, lower your rate, and reduce your monthly payment. Even better, VA IRRRLs are designed to be simple. No appraisal, no income verification, and minimal paperwork as long as the refina
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Happy RED Friday! Today we wanted to share a quick tips & tricks video explaining the eligibility qualifications for a VA IRRRL or streamline refinance loan. These include already having a VA loan, meeting the past occupancy requirement, and being able to pass the VA's seasoning & recoup tests. Keep watching to get the full list from our CEO, Eric Kandell! | Low VA Rates
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Happy RED Friday! Today we wanted to share a quick tips & tric…
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Veterans: if you bought your home when rates were higher, you might be overpaying your VA mortgage right now. The VA IRRRL (Streamline Refinance) can potentially lower your payment with minimal paperwork, no appraisal in many cases, and a simplified process. Want to see what your new payment could look like? Tap below for a quick, no-obligation review. | Salute Home Lending
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