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VA IRRRL

VA, Ginnie Mae Form Task Force to Resolve Veteran Refinance Issues

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The Department of Veterans Affairs and Government National Mortgage Association (Ginnie Mae) recently revealed information about their newly formed task force in light of current issues surrounding VA refinance loans. Formally known as the Joint Ginnie Mae - VA Refinance Loan Task Force, it will address critical issues such as churning and repeated refinancing with the goal … [Read more...] about VA, Ginnie Mae Form Task Force to Resolve Veteran Refinance Issues

Is your Home Eligible for a VA Loan?

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VA loans for eligible veterans are a wonderful way to get into your dream house with no down payment as well as to obtain very low interest rates. Unfortunately, not all situations are within the standards of what the VA will approve. Because real estate today has many different options, it pays to know what your VA eligibility will allow you to purchase, allowing you to take … [Read more...] about Is your Home Eligible for a VA Loan?

VA Mortgage Refinance Options

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VA Mortgage Refinance Options If you already own a home with an outstanding mortgage balance, and the rates go down or you wish to pay off a second mortgage or a line of credit, or pay off debts such as credit cards, a refinance is what you need. A refinancing provides you with a new loan on the same house with either cash-out received at settlement or a lower rate. You can … [Read more...] about VA Mortgage Refinance Options

Chase VA IRRRL Streamline Refinance Program

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For veterans who have VA loans through JPMorgan Chase, there is some great news: you can drastically lower your payments through the VA IRRRL streamline. That is the good news - but keep reading for one simple tip that can save you money when speaking with people about possibly participating in the VA streamline program. The VA IRRRL is also known simply as the VA streamline … [Read more...] about Chase VA IRRRL Streamline Refinance Program