VA Refinance No Appraisal - RJ Baxter First Mortgage Corp Denver, Colorado
VA Streamline Refinances (IRRRL) can still be done without an appraisal. Many Veterans are under the impression that a VA Refinance No Appraisal can't be done any more. Nothing is further from the truth. Not only can you avoid an appraisal, but documentation requirements are light and the process is fast, making for a stress-free refinance experience.
If you have been wanting to refinance your home to take advantage of the current low mortgage rates, but haven't taken action because you think your home value has dropped below what you owe, you don't have to worry any more. With the VA Refinance No Appraisal, your home value is irrelevant. As long as you have been paying your mortgage on time, you are eligible to lower your rate and payment.
Here are a few more highlights of the VA Refinance No Appraisal:
- No late mortgage payments over the past 12 months
- Must be employed
- Light documentation- no income or asset documentation is required
- Fast, streamlined, process. Close in less than 3 weeks!
- High balance is available (>$417,000 in approved counties)
- No cash out allowed
- Roll in closing costs or structure your VA Refinance No Appraisal with no closing costs
- Low .5% VA funding fee
- Skip a payment!
The VA Refinance No Appraisal is also commonly called the VA Streamline Refinance or VA IRRRL (Interest Rate Reduction Refinance Loan). Your current mortgage must be a VA mortgage, and there must be a benefit shown. Benefits include: Lowering your rate, refinancing out of an ARM and into a fixed rate, shortening your loan term (30 year to 15 year), or refinancing out of an interest-only mortgage.
Call us to discuss your scenario and take advantage of low VA Mortgage Rates now. The VA Refinance No Appraisal is a fast and easy way to lower your mortgage rate and payment.
Check out Today's Mortgage Rates for your VA Refinance No Appraisal Scenario!
RJ Baxter, First Mortgage Corp
27902 Meadow Drive, Suite 120
Evergreen, CO 80439
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RJ Baxter First Mortgage Corp
Branch Manager
303-670-0137 (direct)
27902 Meadow Drive, Suite 120
Evergreen, Colorado 80439
