Why a VA Streamline Refinance?
With the VA Streamline Refinance, there’s less documentation (no credit, income, or employment verification) and you might not need an appraisal. Closing costs also tend to be lower, and can be rolled into your loan to eliminate upfront charges.
Why compare mortgage rates?
The lender that’s best for you will depend on your credit, loan type, location and more. The more lenders you compare when shopping for mortgage rates, the more likely you are to get the lowest interest rate available for you. Getting a lower interest rate could save you hundreds of dollars over a year of mortgage payments — and thousands of dollars over the life of the loan. Yes, it definitely pays to shop around.
1. Source: Freddie Mac