What Is A VA Loan? VA offers the IRRRL Loan

Published on June 14, 2018

What Is A VA Loan? VA offers the IRRRL Loan

 

Are you a veteran? Did you know you can use your VA benefits for a refinance and borrow up to 100% of the value of your home in Cash! You can pay off bills, consolidate your debt, use the equity for home improvements and you don’t need perfect credit. Or, if you are looking to just lower your interest rate, the VA offers the IRRRL Loan. (Interest rate reduction refinance loan). Whether you were in the Army, Marines, Navy, Airforce or the coast guard, if you have an honorable or general discharge, you can qualify for this loan with even low credit score but you must have provable income! However, you just want to lower your interest rate and save money on your monthly payments, that loan is available too and it’s called an IRRRL Loan. (Interest Rate Reduction Refinance Loan). Call Chris The Mortgage Pro today and he’ll evaluate how much you can borrow and how much you can save! You had our backs, now in just a small way – Chris The Mortgage pro, gets to have yours!

 

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