Should you refinance your VA mortgage loan? This is a question that many Orange County Residents, who are Veterans or actively serving our military, are asking themselves right now and the answer to this question is yes.
Why Refinance Your VA Mortgage Loan?
A recent study done by the Federal Savings Bank shows that veterans and Active Servicemen or Women in Orange County, and across the United States, who refinance their mortgage loans, will improve the quality of their lives thanks to the Interest Rate Reduction Refinance Loan, a loan that will enable a Veteran, or person who is in active service, to lower their monthly mortgage payment and also their mortgage interest rate as well.
Average Savings
Thanks to the Federal Savings Bank Study, we know that Veterans in Orange County and elsewhere in the U.S., who have refinanced their mortgage loans, have been able to save an average of $3,600, this is just in interest alone, over a 12-month period.
The study also showed that homeowners, with VA loans, saved over 30 percent on mortgage interest rates and this is the biggest reduction in interest rates for mortgages that Orange County Mortgage Brokers and Top Mortgage Brokers have seen in almost 30-years.
Contact A Mortgage Broker Today
Yes you should refinance your VA mortgage loan as soon as possible because, mortgage interest rates may never be this low again; if you haven’t found a qualified, Orange County Mortgage Broker yet, what are you waiting for?
For a free Mortgage Consultation, contact Steven Williams at Sun Financial Group today by calling (949) 699-1950.
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