Florida Mortgage : Learning Center

There are Veterans in Florida who should take advantage of the VA’s streamlined refinance; especially when current fixed VA home loan rates are this low.  Our most recent Veteran is reducing his fixed VA mortgage rate by 1.50%.  Since his payment is dropping there is no appraisal required, and no income or asset questions.  And if you are planning to stay in your home long term, buying down the interest rate is possible with VA’s specialized home loan refinance available only to Veterans.

VA will guarantee his loan and the Florida Veteran receives a much lower interest rate and reduced monthly payments.  If you are a Veteran with a current VA home loan in Florida; it may be time to contact your VA Mortgage Professional and see if refinancing with a VA IRRRL (interest rate reduction refinance loan) make sense. 

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