Interest Rate Reduction Refinance Loan
If you are a veteran, you can refinance without verifying very much information.Lenders can approve the VA loan as long as you have a timely payment history and there is a benefit to the refinance. It sounds simple enough, doesn’t it? Before you jump in headfirst, you should know what closing fees you can pay. […]
If you are a veteran or a military serviceman in active service, you are eligible for a VA home loan, which is currently one of the best mortgage programs today. But can you refinance to a VA loan program when your current mortgage is insured by a private lender? Yes, you can. Why refinance? There […]
How to know what fees are charged? The Real Estate Settlement Procedures Act requires mortgage lenders to provide their borrowers with a Good Faith Estimate (GFE) of their settlement service charges. This will give them an idea of the cost that they will have to pay at closing. What is not included in this estimate […]
