Streamline Refinance Archive

Showing 1 - 5 of 17 articles

IRRRL Facts for Veterans

Housing finance options and information

IRRRL stands for Interest Rate Reduction Refinancing Loan. You may see it referred to as a "Streamline" or a "VA to VA." Except when refinancing an existing VA guaranteed adjustable rate mortgage (ARM) to a fixed rate, it must result in a lower interest rate. When refinancing from an existing VA ARM loan to a fixed rate, the interest rate may increase. No appraisal or credit underwriting package is required by VA. You should be aware, however... more

VA Streamline Refinance Offers: A Personal Experience

[This article was originally published on the 2nd Marine Aircraft Wing website.] This article is intended to give the reader a basic understanding of the sales techniques of the VA streamline refinance offer, and at the end of the article guidelines are provided to help decide who this type of loan is really good for. Recently, there have been a lot of VA streamline mortgage refinance offers being circulated through the mail. In bold letters... more

Is Refinancing Worth Your While?

calculator money 380x253

Content from USAA Deep interest rate cuts have many homeowners rushing to refinance their home mortgage loans. And while refinancing can be a budget booster, you need to look beyond low rates to make the decision that's right for you. The Break-Even Point A refinanced mortgage pays off your existing loan, replacing it with a new one, so expect to go through the same closing process as you did for your original mortgage. But before com... more

Forget the 'Two Percent Rule' for Refinancing

Discussing finances

You may have heard that interest rates are on the rise. In fact, it was one of the biggest financial stories of the summer and all the economic pundits couldn't wait to get their two cents heard on a television program or appear in their blogs. Yes, rates did go up earlier this year and statistically it was one of the largest month to month increases in a couple of decades. If you were thinking of refinancing your mortgage and heard this ... more

Deploying the IRRRL

You already know that you have the best mortgage program in the market today. The VA home loan, for those who qualify, is the most attractive financing option for those who wish to buy and finance a home with no money down. In addition to the no money down feature, your VA loan required less out of pocket from you along with some very competitive rates. But sometimes that loan can be tweaked just a bit when interest rates fall lower than... more

Connect
Get the

Money Matters

Sign-up
Newsletter
headerPaycheckChronicles

Paycheck Chronicles

August and September Commissary Remote Sales

Are you an eligible commissary shopper, but don’t live anywhere near a commissary store?  Keep your eyes out for what the commissary calls Guard and Reserve sales, but I call Remote Sales because they are open to all eligible commissary patrons, including active duty, retirees, National Guard and reserves, plus all their dependents.  These sales […]

© 2015 Military Advantage