From time to time wholesale lenders will send out updates to their mortgage brokers and bankers about IRRRL guideline changes. These are usually lender specific – and here is a recent update sent out by http://freedommortgage.com, a wholesale lender. Click here for a free VA loan quote. Subject Summary A 2055 Appraisal report is no […]
VA EARL
If you have had a conversation with someone who has a VA loan and they have mentioned that they just did a special refinance program called a “VA EARL”, then you heard it right. There is a VA loan refinance program that is designed for Veterans who have a VA loan where they can reduce […]
President Waives Refinance Requirement For Good?
Many people have seen a popular ad that says “President waives refinance requirement” and are wondering exactly what that means. Depending on what type of mortgage loan you currently have, this may be “kind of true” but if you have a VA loan, the announcement may not have as much to do with your loan […]