If you currently have a Delaware VA Loan with an interest rate of 5.5% or more than you need to refinance now to an all time low rate!! Rates have hit all time low and Veteran Loans have special refinance option that allows you to just reduce your interest in a streamlined fashion. The loan is officially called a VA IRRRL, which stands for Interest Rate Reduction Refinance Loan.
The process is very simple, here are the highlights:
1) No income verification
2) No assets verification
3) No appraisal needed for most lenders, some only require an exterior inspection.
4) Funding Fee is only 0.5% which can be financed.
5) All closing costs and prepaid items can be financed
If you are a veteran or the surving spouse of a veteran then you an apply for the VA IRRRL refinance by calling 302-703-0727 or you can APPLY ONLINE. You can send an e-mail to DelawareMortgages@yahoo.com for more information. We can close these loans in as little as 10 days so apply now and close by end of July 2010.
John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage, Inc.
42 Reads Way, New Castle, DE 19720
302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office
*This is not an offer to lend. 
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