3.3K views · 475 reactions |  Veterans, beware of “too good to be true” mailers! A VA IRRRL at 4.99% doesn’t exist right now. These lenders use bait-and-switch tactics and charge huge points. VA also requires you recoup costs within 36 months—so you’ll never truly get that rate. DM me your mailer and I’ll break down the real numbers. #VAMortgage #VARefinance #VABenefits #MortgageMandy #Veterans #MortgageEducation | Mandy Phillips, Mortgage Loan Originator | Facebook

Happy RED Friday! On August 8th, the VA released a circular that changes some of the IRRRL guidelines that were updated last year when S.2155 was signed into law. Today, Eric explains exactly what these changes are and how they will impact your ability to qualify for an IRRRL. | Low VA Rates