VA Streamline

No Cost FHA VA Streamlines – AZ

THE TRUTH BEHIND A NO COST FHA / VA STREAMLINE REFINANCE "No such thing as a free lunch" definitely applies to this topic.   Homeowners are constantly bombarded with flyers and postcards with promises of a no-cost FHA / VA Streamline Refinance from various Arizona Mortgage Lenders. The goal of these simplified ads is to hook the FHA/VA homeowner with an almost too good to be true sounding offer.  While there is a very effective way to keep FHA/VA homeowners from having to pay the costs … [Read more...]

FHA & VA Streamline After Short Sale or Foreclosure

**Guidelines have changed after this post (new guidelines effective 01/2013).  Please contact me for more information.   CAN YOU QUALIFY FOR A VA OR FHA STREAMLINE REFI AFTER A FORECLOSURE OR SHORT SALE? Short answer - yes (if you meet all fha/va streamline guidelines).  Having a foreclosure or short sale on your credit report typically puts you firmly planted on the sideline with regard to buying a qualifying for a new mortgage.  HOWEVER it does not necessarily eliminate a current … [Read more...]

VA IRRL (Interest Rate Reduction Loan) aka ” VA Streamline” – How to Apply?

IRRL - AKA A VA STREAMLINE REFINANCE IS A SUPER SIMPLE PROCESS In an earlier article I posted a basic outline of how a VA streamline refinance (VA IRRL) can provide a Veteran with a simple, efficient and inexpensive method to lower their current AZ VA mortgage interest rate.  Let's look at how a Veteran that has a VA loan can apply for a VA Streamline refi: Step 1: Complete a loan application (just like the one they filled out for their current VA home loan) Step 2: Consult with their AZ VA … [Read more...]

VA Streamline Refinance – Record Low VA Mortgage Rates AZ

Streamline your VA mortgage today and take advantage of record low VA mortgage rates!  Don't wait! Do you have an VA Loan? Are you interested in lowering your monthly mortgage payment with a loan that does not require an appraisal and doesn't care if you are upside down? Would you like to save money with a loan that requires minimal paperwork and no income verification? If you answered "YES" an VA streamline refinance may be the loan for you!  Call our VA Streamline Team Specialist … [Read more...]