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Interest rate reduction refinance loan

By Tony
January 8, 2021 in Military Veteran & Retirees Forum

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Tony

Posted January 8, 2021

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Posted January 8, 2021

If you have an existing VA-backed home loan and you want to reduce your monthly mortgage payments—or make your payments more stable—an interest rate reduction refinance loan (IRRRL) may be right for you. Refinancing lets you replace your current loan with a new one under different terms. Find out if you’re eligible—and how to apply.

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