Also known as a VA streamline refinance, an interest rate reduction refinance loan (IRRRL) is a type of refinance exclusively for VA loans that can lower your monthly mortgage payments. An IRRRL does ...
VA loans come with many benefits. They have low interest rates, they require no down payment or mortgage insurance, and they limit your closing costs, too. They’re also easy to refinance, thanks to ...
To protect veterans from loan churning, the Economic Growth, Regulatory Relief, and Consumer Protection Act (Growth Act) imposed additional requirements for Interest Rate Reduction Refinance Loans ...
If you're looking for a fast and easy way to lower the payment on your VA loan, a VA IRRRL or "streamline refinance" may be the right choice for you. IRRRL stands for "Interest Rate Reduction ...
Not all veterans who use VA's refinancing program end up saving on payments; some take advantage of lower interest rates to shorten the term of their loan. (Stock/File) If you’re looking at reworking ...
Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...
You already know that you have the best mortgage program in the market today. The VA home loan, for those who qualify, is the most attractive financing option for those who wish to buy and finance a ...
That mortgage prices change every day, and often during the day, is about as surprising as sheriffs finding marijuana on Willie Nelson’s tour bus. Price changes have an immediate impact, and I knew ...
I have my own opinion about reading a book versus watching YouTube videos, given our finite time every day, but this statistic is staggering: The number of hours of content being uploaded to YouTube ...