FHA, VA and HARP Mortgage Loan Company Awarded "Top ... [NAMABLOG.blogspot.com]
Question by d w: approved lender by veteran affairs for mortgage? I keep getting mail from mortgage lenders since i am a homeowner with a va loan, I have a 6.25 interest rate, and they say call if its higher than 4.875, what are the pros and cons of using these lenders? Best answer for approved lender by veteran affairs for mortgage?:
Answer by PK
If your rate is low and fixed, keep it. It's likely they are advertising adjustable rates or shorter terms. I tend to mistrust any type of mail advertisement I get based on mailing lists.
Answer by
The VA and a veterans lender may have different VA loan qualifying guidelines. The www.directvaloans.com VA loan FAQ video series addresses the commonly asked question, Why do the VA and my lender have different guidelines for VA loans? VA Loan Guaranty Program guidelines are established by the Veterans Benefits Administration under the US Department of Veterans Affairs. However, The VA does not make the actual loans. VA-approved lenders such as banks and mortgage companies put up money for the loans. These lenders often have private investors who also set lending guidelines that can differ from those of the VA. Which means lenders must often follow both sets of guidelines to determine the terms of each VA mortgage. For the complete video series and to find more answers to your most commonly asked VA loan questions at http
mortgagedealstips.blogspot.com Why do the VA and my lender have different guidelines for VA loans?
The national retail mortgage lender, a provider of conventional, FHA, VA, HARP and Streamline mortgage refinance loans, was recognized as one of the best ... FHA, VA and HARP Mortgage Loan Company Awarded "Top ...
