Scams IRRRL.COM

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Post on 12-Jan-2017

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  • SCAMSIRRRL.COM

    IRRRL.COM LENDER HOTLINE: 888-581-5008

    http://suited45trk.com/?a=75&c=1963&s1=&ts=irrrlss

  • Many people seem to be getting notices in the mailthat supposedly inform them that their VA loan hadbeen included as part of the economic stimulusprogram and that they should call for moreinformation about the VA IRRRL refinance program.Some of the letters also apparently have a VA loannumber.

    IRRRL.COM LENDER HOTLINE: 888-581-5008

    http://suited45trk.com/?a=75&c=1963&s1=&ts=irrrlss

  • The truth about the VA IRRRL program is that it is not ascam it is a real opportunity for people who have a VAloan to refinance into a lower rate (when lower rates areavailable) and save money on their mortgage. The IRRRLrefinance requires less documentation than when youoriginally got your VA loan, but it still requires a significantamount of documentation in order to complete therefinance process from your old loan into your new one.

    The VA IRRRL Refinance ProgramIs Not A Scam

    IRRRL.COM LENDER HOTLINE: 888-581-5008

    http://suited45trk.com/?a=75&c=1963&s1=&ts=irrrlss

  • So if the IRRRL program isnt a scam, then why the letters?Well, the letters are really just marketing pieces sent by thelender who sent them in an effort to get you to call themabout the IRRRL program. Many Veterans will get thenotices and call which sends a signal to the lender thatthe letters work and have a high enough response ratethat the lender keeps sending them out. It is possible that ifat some point, enough people complain about the letterbeing misleading that one of the governmentorganizations that regulate the VA loan program willinvestigate the lender and possibly have them stop sendingit out.

    What Are The Letters Then?

    IRRRL.COM LENDER HOTLINE: 888-581-5008

    http://suited45trk.com/?a=75&c=1963&s1=&ts=irrrlss

  • When it comes to the VA IRRRL program, there is one rule ofthumb I use to spot a scam: did you seek the information outor did the information seek you out? If you received anotice, alert or anything like that in the mail or email chances are it is just a misleading advertisement from alender who wants you to call them. I suppose you could callthis a scam but as stated above, the IRRRL program isnt ascam its real. What is a little grey area is the marketingefforts of some lenders in an effort to get their phone to ring.

    So if you got a letter in the mail informing you of some kindof stimulus package or something about your VA loan becareful and treat it as what it most likely is: a marketing piecefrom a lender.

    How To Spot a Scam

    IRRRL.COM LENDER HOTLINE: 888-581-5008

    http://suited45trk.com/?a=75&c=1963&s1=&ts=irrrlss

  • If you are thinking about whether or not the VA IRRRLprogram can help improve your financial situation thebest thing you can do is to get multiple quotes from VAapproved lenders who can help you understandwhether or not it is right for you. The VA IRRRL is alsosometimes called the VA streamline refinance and theprogram can only be administered by VA approvedlenders. Not all lenders are VA approved.

    Get Multiple Quotes

    IRRRL.COM LENDER HOTLINE: 888-581-5008

    http://suited45trk.com/?a=75&c=1963&s1=&ts=irrrlss

  • T O L E A R N M O R EIRRRL.COM

    LENDER HOTLINE: 888-581-5008

    C L I C K H E R E

    IRRRL.COM LENDER HOTLINE: 888-581-5008

    http://suited45trk.com/?a=75&c=1963&s1=&ts=irrrlss

  • Justin McHood is Americas MortgageCommentator and has been providingMortgage commentary for over 10 years.

    INFORMATION PROVIDED BY: JUSTIN MCHOOD

    MORTGAGE COMMENTATOR

    IRRRL.COM LENDER HOTLINE: 888-581-5008

    http://mortgagecommentator.com/

  • LEARN MORE ABOUT MORTGAGE COMMENTATOR:

    MORTGAGECOMMENTATOR.COM

    FACEBOOK.COM/MORTGAGECOMMENTATOR

    @MORTGAGECOM_

    LENDER HOTLINE: 888-581-5008

    IRRRL.COM LENDER HOTLINE: 888-581-5008

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