Mar 25 2008
Veterans in Florida can save thousands with a VA IRRRL
Remember, Veterans who already have a VA Home Loan in Florida can save thousands by considering a VA IRRRL, interest rate reduction refinance loan. You can reduce the interest you are currently paying to a fixed rate below 6%. In fact, you might even consider dropping the term to an even lower 15 year fixed rate VA mortgage.
With a 15 year VA mortgage you will save tens of thousands of dollars in long term interest. Keep in mind, there is no income qualifying as VA has already approved your financing with the existing mortgage you have on your home.Â
Florida VA fixed rates are very low and you owe yourself the opportunity to obtain the lowest possible fixed rate with your VA Entitlement. Call your VA Florida mortgage professional today and see how you can take advantage of your VA benefit regarding a VA IRRRL.
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