08, June 2015: Discover the easy way to reduce military VA home loans and get lower interest rates on veteran loans for homes.
Rich Luisi, owner of Premiere Financial and an expert in veteran loans for homes, once again came to the aid of one of our Military heroes and did what other institutions could not: helped an active duty Marine stay in his Oceanside CA home with a lower rate military VA loan, property taxes paid for a year, no fees, and no proof of income or tax returns.
A 29 year old Marine wanted to refinance his military VA home loan and secure a lower interest rate. After getting an online quote and working with a couple of other VA lenders, he reached out to Rich at Premiere Financial, who is well known for getting extraordinary military VA loan results.
Luisi takes the headache and hassle out of veteran loans for homes refinancing. The VA allows a refi to lower interest rates, called an interest rate reduction loan. In this instance, the active duty Marine did not need to give proof of income or provide tax returns. And no termite report was required on the property.
“It was an easy and stress free process,” stated Luisi concerning the use of his “Top Flight Loan Process”. He says they pride themselves on saving clients a lot of money. Premiere Financial secured a lower interest rate, paid all of the closing costs, and in doing so saved the client $4000 in fees. The money savings continued when additionally they were able to pay a year of property taxes for this client.
The lenders at Premiere Financial refrain from tacking extra charges and fees onto home loans, and instead help clients avoid the fees altogether.
To those who are considering refinancing their home, Luisi says, “Your home may be your most valuable financial asset. If you haven’t refinanced recently, you’re probably paying a higher interest rate on your mortgage than you should. Take advantage of today’s record-low mortgage rates while they last. Rates are expected to remain low for a while, but they should gradually increase. When they do, many borrowers will regret having missed the opportunity to grab the lowest mortgage rate in history.”
Refinancing your current military VA loan can offer you the benefit of restructuring your current monthly payment and net you savings in the short term and long term. When you decide to refinance your current home mortgage loan, you have different options to consider. To help determine which options are best, you should determine what you want to achieve with the refinance.
Luisi continued, “When you refinance, you pay off your existing mortgage and create a new one. You may even decide to combine both a primary mortgage and a second mortgage into a new loan. Choosing the right refinancing option for your mortgage may be the most important financial decision you will make today.”
One of the many advantages of using Premiere Financial to refinance is that they don’t roll closing costs into the loan. Many lenders tack the costs onto the back of the loan, and although the fees aren’t paid up front, they are still paid eventually. Most lenders end up giving a loan that is usually $4000-$5000 higher at the end of the process.
When asked about some of the advantages of refinancing, Luisi had this to say, “By lowering your interest rate (sometimes by a lot) you will have smaller monthly payments with a refinanced mortgage. Additionally, you might have the option of tapping into your home equity by “cashing out” a sum of money to fix up your home, consolidate debt, or take your family on a vacation. You may be able to refinance to a shorter-term mortgage, enabling you to add to your equity faster.”
Luisi uses many tools of the trade that he has learned over the years, including his “Top Flight Loan Process” and a special tool called the Rapid Rescore Simulator. Rich has a gift for analyzing credit reports and finding solutions to issues that are preventing folks from qualifying for a loan. Since 1995 Premiere Financial has been helping people in Carlsbad, Encinitas, Oceanside, Fallbrook, Vista, San Marcos, North San Diego County and South Orange County get into homes with no or low money down.
For more information about Premiere Financial, veteran loans for homes refinancing and military VA loans, contact Rich Luisi at: www.CarlsbadLending.com or call (760) 930-0325. http://carlsbadlending.com/refinancing-options