Tag - va loan

Secrets to a Great VA Home Loan

Anyone that has chosen to serve the USA through military services both presently and in the past is usually eligible for a VA loan. This loan is backed by the Veterans Affairs and is specifically reserved for those that have actively served. THANK YOU, BY THE WAY!! Without you, we would not enjoy the freedoms we have. I love helping military families find and purchase the right home. VA loans have so many benefits that anyone that has served and is eligible should definitely look into this type of financing.There are multiple benefits to VA loans that other types of loans [...]

How Many Times Can You Refinance with a VA IRRRL?

Question: How many times can someone refinance their home with the VA Streamline program, sometimes called the VA to VA loan and also known as the IRRRL (interest rate reduction refinance loan)?   Answer: As many times as it makes sense. When interest rates trend downward, as they have been doing for the past few years, it can make sense for someone to refinance their mortgage multiple times within a relatively short period of time. Example: If interest rates go from 7 percent to 4 percent over a 2 year period of time, it may make sense for someone to refinance their 7% mortgage to [...]

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