Do you have an existing VA backed home loan and want to reduce your monthly mortgage payments? Make your payments more stable with an interest rate reduction refinance loan. This loan type will help you to lower your monthly mortgage payment by getting you a lower interest rate. It will also enable you to make your monthly payments more stable by moving from a loan with an adjustable or variable interest rate to one that is fixed.
In order to be eligible for IRRR loan, it is important that you have served 181 days of active duty during peacetime. You are also eligible if you have served 90 days of active duty during wartime. You can also avail these loans if you have served six years in the Reserves or National Guard.
Being an improvement on your old VA loan, this loan type will enable you to get a lower rate, a lower payment or both. The guidelines for VA streamline refinances are quite lax. You need not to live in the home to qualify for this loan type. Thus, you can use this loan type to refinance your house you are currently renting out.
Now refinance your existing VA loan with an Interest Rate Reduction Refinance Loan at Accelerate Mortgage LLC. The process can be completed quickly and with relatively few requirements, paperwork or cost as the homeowners are refinancing from one VA loan product to another. You can expect a quick and easy process with a 2 to 3 week turnaround. Moreover, there is no need to verify your income or assets.
About Accelerate Mortgage LLC
Accelerate Mortgage LLC is always aimed at providing the very best service to every person who wants to works with it. It always strives to deliver the very best mortgage and financing services in the industry to every person. This organization always works to stay on the top of every nuance of every law, guidelines, regulations, rules, standards, requirements, and ethical concept.