I am here to tell you that even though house values may have dropped recently in areas that you can still refinance. If you have a VA loan ( Veterans Administration Mortgage) you are eligible to refinance and lower your payment with no appraisal needed.
Here are some of the benefits :
The process is simple.
That means if you owe $250,000 on your mortgage and homes in your area are $240,000 then it is ok! We can still lower your payments.
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About the Author : Naoma Doriguzzi is a Senior Mortgage Consultant with New American Mortgage and has been originating mortgages since 2003. New American Mortgage is a direct lender who specializes in FHA, VA, VHDA, Conventional loans. We are here to assist you with the purchase of a new home or refinance your existing home in Virginia, NC, SC, FL or GA!
Disclaimer: All information provided by this author is strictly an opinion, is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive.
To contact Naoma directly you may call or text (757) 971-2876 or email at naoma.doriguzzi@newamerican.com.
Copyright © 2009 by Naoma Doriguzzi
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