SERVING
Those That
SERVED
Questions & Answers
INSTRUCTIONS: Please read each question carefully. If you are able to answer question appropriately use the form below the question to respond. Your name will not appear on the public answer page. Only your initials and date of your response will be visible.
Q391: I am the in-remarried spouse of a Vet. We currently have a VA loan. My question: What should I do to qualify for the lower interest rate on a refinance?
If you have a question about benefits, compensation, pension or VA related issues please submit here.
Use Form Below To Respond
A1: This can be a good time to refinance at a lower rate or even a purchase using the VA Loan. Be very careful not to do a forbearance and defer payments because that can blow you out of water for eligibility for a new loan. Whether you were going to refinance or were you going to purchase continue making the payments normally or you will not be eligible for a loan for a minimum of 12 months after that last late payment. And the difficulty is if you defer three payments all four payments are due the beginning of the fourth month rarely can people do it! (BB) 4/18/20
A2: If u havent refinanced in 8 months call Ouicken loans I just refinanced through them at 2.99 interest rate. Phone is 800-508-0944. I am a veteran they also have rocket mortgage through Quicken loans Ask for Amber. (LD) 4/18/20