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Veteran Interest Rate Reduction in Connecticut

Posted on July 31, 2017 · Posted in Connecticut Veteran Mortgage

VA Interest Rate Reduction Loan (IRRL).

When the housing market crashed many people found that they were upside down on their mortgages – owing more on their mortgage than their homes were currently worth. Veterans were no exception to this and many found that they were stuck with high mortgage payments with no way to refinance.

The good news is that there may be help for these families using an interest rate reduction loan. No appraisal is required and the loan to value can be as high as 150%. For example, if a vet has a $200,000 mortgage the value of his/her property could be as low as $133,333 and still qualify for an interest rate reduction loan.

 

Please call us today for a free consultation on how we can help Streamline your Veteran Mortgage Refinance.

 

Thank you,

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Michael Meyer
Senior Vice President of Northeast Financial
NMLS#117875
Mike@northeast-mortgage.com
860-876-0572
210 S. Main St Middletown, CT 06457

Company NMLS#117273 

http://www.zillow.com/profile/MichaelMeyer8/

https://www.linkedin.com/company/north-east-financial

https://www.facebook.com/pages/Northeast-Financial-Mortgage/143761005796033

 

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