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Looking to Refi

 Current rate is 4.375 in Sept 2011.  Don't know if it's worth it.  This is our retirement home so don't plan on moving anytime soon.  If worth it, looking for best rates.  Qualify for VA w/ disability.

Thanks
  • February 04 2012 - Bowling Green
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Answers (5)

runnerbl, my post is assuming you already have a VA loan. 
  • February 04 2012
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Every lender can do a no closing cost loan. If you have excellent credit you would save aprx $85/month, appraised value is not an issue. 
  • February 04 2012
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Also, how many banks out there are willing to do a closing w/ no closing costs?
  • February 04 2012
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Loan balance is 223 w/ appraisal at 280
  • February 04 2012
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Best scenario would be a no closing cost refi at 3.75%, $100K loan balance aprx $36/month savings, $300K loan balance aprx $100/month savings.   
  • February 04 2012
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