The hottest refinance mortgage requests these days are refinancing a FL mortgage without the need for an appraisal.  There are a few options available and I want to focus on the advantages of one  in particular.  Qualified Veterans  who already have a VA home loan can refinance without an appraisal with the VA Interest  Rate Reduction Refinance Loan or IRRRL.

With today’s VA home loan rates at all time lows, many Veterans have already refinanced to 30 year fixed VA fixed rates under 3.875% and reduced their mortgage payments dramatically!  Others have reduced their remaining term to 25, 20 or 15 years; saving thousands in long term interest.  Either way, there are many options available for FL Veterans to save money.

This VA refinance loan requires no appraisal (a big deal in today’ market), and most qualify with no income or asset information at all.  The Veteran has already been approved and is merely lowering his risk with a lower interest rate.

If you are a US Veteran FL homeowner and are considering to lower your monthly payment without the need of an appraisal; please call, 407.733.6425 or email me directly at  Isn’t it time to start saving now?

Stephen Thaggard, NMLS 356309,  Sr Loan Officer, licensed in Florida,

Embrace Home Loans, NMLS 2184,  485 N Keller Road, Suite 550, Maitland, FL 32751