Interest Rate Reduction Refinance Loan
Refinancing your mortgage is just like getting your purchase mortgage. The only difference is that you own the home now – you aren’t trying to purchase one. What does this mean for the type of documentation you must provide a lender? Looking for Current Mortgage Interest Rates? Click Here. You’ll provide a large majority of […]
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. […]
Closing costs can be as much as 5% of your loan amount. That’s a lot of money and if you don’t have it, you may wonder if you can roll the costs into your loan. Compare Offers from Several Mortgage Lenders. The answer is a divided one. If you are purchasing a home, you won’t […]
