More than one Veteran has asked the question of “I keep getting these VA streamline notices in the mail, do I need to call each time I get one?”
VA Streamline Notices in the Mail: What They Are
The chances are virtually zero that the VA will send you a VA streamline notice in the mail. 99.99% of the time (if not 100% of the time) the VA streamline “notice” will be from a lender who wants you to call them to talk about the VA streamline refinance program.
The VA streamline refinance is a great program – but if you get a piece of mail that is in the form of a “notice”, our best advice is not to call. If you call, chances are that they will hook you into working with them BEFORE you shop around and get the best deal. The way to get the best deal on a VA streamline? Easy. Shop around. The easiest way to shop around for a great VA lender? On the web of course!
Shopping for a VA lender
Shopping for a VA lender is made easy by the Internet – you can easily find multiple lenders who can help you understand whether or not the VA streamline program is right for you – and whether or not you can qualify for the program at all. The program is popular when rates are low, but with the number of people who have a low credit score or are undewater on their home – it isn’t a program that everyone automatically qualifies for.
If you have received a notice in the mail about the VA streamline program, be sure to shop multiple lenders and get multiple quotes in writing – it is the only way to get the best deal when refinancing. Start here today and get a free quote from a leading VA-approved lender.