Many veterans start getting phone calls as soon as a day after their VA-guaranteed home loan closes. Loan brokers will claim they can offer an even lower interest rate, or a better strategy for refinancing, that will cut mortgage payments even more. The practice is called serial refinancing, or home loan churning. The side effects include increased home debt on veterans and financial risks for their families. Read more about this practice and Congress' response on Military.com. For more VA loan guides and tips, visit the Military.com VA Loan section.