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
New Media Trainer And Coach! I work for the best mortgage company and always looking to create new real estate partnerships.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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Naoma - Am I to understand that you do VA loans also? You? Or your company? I have never completed a VA loan myself so I ask because if I come across one I can send it your way. Then again, I am not sure if you are licensed for TX. Are you?
John - I absolutely LOVE doing the VA loans! Being in such a military town it is a must for any LO. If you have any questions on doing one feel free to email or call and I can walk you through it. I am not licensed in TX but I do have someone that I trust to do them. :)
Thanks Naoma. I'll keep you in mind.
this program comes in handy with todays market.....
Hi Naoma, thought I'd stop by to see what you're up to and I love how you responded on this post. While you are not licensed in TX you offered another person that you trust - love that! I think this is a great program you are brining forward to agents and consumers. Wondering - do you post to localism - programs like this should not be kept a secret! Thanks for sharing. ~Anne Marie
Anne - I think Active Rain for all that it has done for my business and mostly for all of the networking that I now do.