Carolina Mortgage Insights with Paul Mattos
VA IRRRL Explained
A VA IRRRL may help eligible homeowners lower their interest rate, reduce their mortgage payment, or replace an adjustable rate with a fixed rate. Learn about VA streamline refinance eligibility, seasoning, closing costs, funding fees, and break-even requirements.
Rate-and-Term Refinance Explained
A rate-and-term refinance replaces your current mortgage to change its interest rate, repayment term or loan program without taking substantial cash out. Learn how costs, equity, appraisals and break-even timing affect the decision.