Interest Rate Reduction Refinance Loan
Today it’s no longer necessary to wait 7 years after you file for bankruptcy to get a mortgage, even a VA loan. You can get one as soon as 2 years after a Chapter 7 bankruptcy and 12 months after a Chapter 13 bankruptcy. Looking for Current Mortgage Interest Rates? Click Here. Now just because […]
There’s only one loan program that allows you to refinance even if you don’t have equity – the VA IRRRL program. It stands for the Interest Rate Reduction Refinance Loan and it helps veterans refinance their VA loan even if they are upside down on their mortgage. Looking for Current Mortgage Interest Rates? Click Here. […]
The VA offers relaxed underwriting guidelines. They don’t focus on a specific credit score or even a maximum debt ratio. What they do focus on, however, is the amount of residual income you have each month. They are the only loan program that puts such emphasis on this factor. Looking for Current Mortgage Interest Rates? […]
