Learn How to Refinance a VA Loan with Mr. Cooper in Virginia Beach
Want to reduce your monthly mortgage payments? a VA IRRRL with Mr. Cooper in Virginia Beach can help service members, veterans, or surviving spouses get a lower interest rate. You may be wondering how a VA IRRRL works. And who exactly is eligible for a VA IRRRL? Mr. Cooper’s VA IRRRL Refinance in Virginia Beach pertains to active duty service members, veterans, and their surviving spouse who already have a VA loan. The way it works: your existing VA Home Loan changes during the refinance process into a new loan that includes different terms. The best part? You usually don’t need a property appraisal — which saves you time and money — and the underwriting process is faster than with a conventional loan.* In addition, when you decide to refinance with Mr. Cooper, you can rest assured knowing that one of the nation’s largest servicers has your back! Give Mr. Cooper in Virginia Beach a call today to learn more about a VA IRRRL.
Lower Your Monthly Payment with a VA IRRRL in Virginia Beach
One of the major benefits of doing a VA Home Loan Refinance? There’s typically a decrease for homeowners in their monthly mortgage. If you’re exploring a VA IRRRL with Mr. Cooper in Virginia Beach, you could qualify without paying any cash out of pocket!* While this type of loan typically requires a funding fee, generally it can be included in the loan.* Give us a call and talk to our home advisors and find out how a VA IRRRL Refinance with Mr. Cooper in Virginia Beach can put money back into your bank account, month after month.
Mr. Cooper is With You, Every Step of the Way
When you work with Mr. Cooper, you’ve chosen a trustworthy home loan company. We champion you throughout the process, equipping you with knowledge to determine the right path forward for your homeownership journey. Our team of home advisors is 100% based in the U.S. and ready to chat through any of your questions about a VA IRRRL with Mr. Cooper in Virginia Beach. And because Mr. Cooper ranks as one of the top loan servicers in the country, you get world-class tools and services to manage your mortgage! Schedule a time to chat with our home mortgage experts to learn how to make your mortgage work for you.
- * In some cases, an FHA Streamline refinance may require an appraisal and/or full income and asset documentation and full credit qualification. This requirement will increase fees and required paperwork. A licensed Mortgage Professional can inform you of all options available to you as well as the program requirements.