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