Profile picture for Amanda2280

We currently have a VA loan that we tried to refinance in April.

We received an appraisal about 25k less than what we owe. Since then we moved and are renting it out. The property is located in 37040 zip code. We would love to refinance with a lower rate, our current rate is 5%. Is there any trust worthy company to help us?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 10 2012 - Clarksville
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (3)

Amanda,

I would recommend going to a couple community banks and talking to a loan officer about refinancing. They would be able to explain a little more to you. Also, when you go to community banks instead of nation wide banks, they can sometimes work with you a little more. Its possible that you may be able to get a lower rate.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 10 2012

Amanda,

Did you go through your current mortgage holder?  They should have been able to do a VA refinance without an appraisal.  If you have not start with them.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 10 2012
Talk to loan officers at two local banks (banks that are in the city of your rental home) to find out what they say.  You probably will not have a good answer, because your former home has become investment property.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 10 2012
 
Related Questions
FHA Refund
Profile picture for Paul Collier
Latest answer by Paul Collier
July 18 | 9 answers
If I put 20% down upfront with a FHA loan do I still pay the annual mortgage ?
Profile picture for Justin Sheftell
Latest answer by Justin Sheftell
August 12 2012 | 2 answers
We currently have a VA loan that we tried to refinance in April.
Profile picture for Erica Ramos
Latest answer by Erica Ramos
August 10 2012 | 3 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 32 North St, Clarksville, TX Home For Sale
    32 North St, Clarksville, TX 37040

     For Sale: $10,750

    • Beds: 3
    • Sqft: 2350
    • Baths: 2.0
    • Lot: --
  2. 747 Spees Dr, Clarksville, TN Home For Sale
    747 Spees Dr, Clarksville, TN 37042

     For Sale: $69,900

    • Beds: 3
    • Sqft: 1032
    • Baths: 2.0
    • Lot: 9583
  3. 523 Magnolia Dr LOT 80, Clarksville, TN Home For Sale
    523 Magnolia Dr LOT 80, Clarksville, TN 37042

     For Sale: $140,950

    • Beds: 3
    • Sqft: 1124
    • Baths: 2.0
    • Lot: --
 
 
 
Sign in with Google