Take a Look at the VA Streamline Refinance – It Might Be the Right Loan at the Right Time

Experts around the globe say that interest rates could start to rise very soon. If this happens you will want to know that you are in a stable and low interest mortgage. The VA Streamline Refinance can provide you with a hedge against these potentially volatile interest rates.

Not only can you lock into a lower interest rate, you can also show up at closing with no out-of-pocket closing expenses. This is because the VA rules permit you to roll fees and closing costs into the life of the loan. This can save you the headache of trying to figure out how in the world you are ever going to come up with enough money to cover this sometimes burdensome costs.

The VA Streamline Refinance helps you with these costs.

There are plenty of VA-approved lenders in the VA Streamline Refinance market. This means that you shouldn't feel pressured by any one lender to have to borrow from them. Keep your options open by seeking advice and quotes from lenders in various locations. Don't forget to search online for potential lending partners.

Our VA Streamline Refinance experts are available to help you in this process.

Make sure that you pay all of your mortgage payments on time. If you've missed one payment in the last year, this should still be fine, as the VA allows for this. However, if you are behind on your payments, you won't qualify.

If you've moved out of your home where you have a VA Loan, but still own it, you can still use the VA Streamline Refinance option by certifying to the lender that you had previously occupied the property.

With interest rates about to explode and with all the money and headache you can save with a VA Streamline Refinance, it would be beneficial for you to contact our office for additional help and advice.

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