Friday, November 21, 2014

Kentucky VA Streamline Refinance Guidelines

---
Kentucky VA Interest Rate Reduction Refinance Loan (IRRRL)

Kentucky Veterans can take advantage of today’s historically low interest rates and may lower their mortgage payments with the VA IRRRL.
  • No appraisal required
  • close within 21 days usually
  • No income docs like paystubs, tax returns, bank statements
  • 620 min score with our mortgage investors. Some lenders will go lower though.
  • Streamlined underwriting
  • Simple and fast closing with no income verification in most cases
  • No out-of-pocket costs required in most cases
  • No need to obtain new Certificate of Eligibility, unless needed to confirm eligibility