Home Gear market VA Interest Rate Reduction Loan – A Boon for a Growing Family

VA Interest Rate Reduction Loan – A Boon for a Growing Family


Mortgage advisor: Dominique Stevens, Mayfair Mortgage Advisors.

Property Type: Single Family Home, Benicia.

Loan amount: $ 425,000.

Loan terms: VA interest rate reduction loan.

Rate: 2.25%.

History: There is no better feeling in the world for a loan officer than entering a new home with our clients for the first time. A house that we helped them buy. Their eyes are wide in amazement as they take in everything. Newly repainted interior. The sun is streaming through the windows. The kids jump up and down, pretending which room is theirs, as it all sinks in, they finally have a home of their own.

In 2015, we helped such a young family buy their first home with the VA Loan Program, which allows veterans to buy their property with 0 cash up front, along with other added benefits to help them with their life. home buying process.

With interest rates at their lowest, our homeowners were eligible for the VA or VA IRRL Interest Rate Reduction Loan, which allowed us to reduce their interest rate without a credit check or valuation required.

With a simple app, we were able to process the VA IRRL and reduce our homeowners’ monthly mortgage payment by $ 350 per month, a big benefit for a growing family.

Dominique Stevens, Mayfair Mortgage Consultants, 415-250-8908, [email protected]


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