The Mortgage Brothers Show

Up to date news, tips, and advice, so you can make real estate decisions with confidence.

Attention Veterans – VA IRRRL Streamline Refinances are at extremely low rates!

11-30-2020About MortgagesEddie Knoell

Interest rates are low right now and it’s a great time to refinance if you’re a veteran.

If you have a VA loan, you can do a streamlined VA Interest Rate Reduction Refinance Loan, or IRRRL (pronounced “Earl”). With the VA IRRRL you can get lower payments, reduce your rates, and even change some terms on the loan.


When is a mortgage payment actually considered late?

11-06-2020About MortgagesEddie Knoell

So, the short answer is that every mortgage is due on the first of the month. Now, where it gets a little trickier is that there are two different ways to think about if it’s late: