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1 posted on 02/27/2017 9:20:18 AM PST by klimeckg
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To: klimeckg

Hello, I am a loan officer and do VA loans all the time.

The IRRL is a legitimate VA loan program. It’s main purpose is to refinance to get a lower rate than you might currently have.

IRRL stands for Interest rate Reduction Loan.


2 posted on 02/27/2017 9:22:55 AM PST by neverbluffer
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To: klimeckg

Just refinanced with IRRRL. Worked fine.


3 posted on 02/27/2017 9:37:59 AM PST by Terabitten (Time for the GOPe to reap the whirlwind.)
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To: klimeckg

It is legitimate.

I just did a cash out refi at 3.25%...and no funding fee. I have a VA disability.


4 posted on 02/27/2017 10:15:22 AM PST by Mariner (War Criminal #18)
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To: klimeckg

It works great. If you go thru Navy Federal they won’t sell the loan.


5 posted on 02/27/2017 10:24:59 AM PST by paddles ("The more corrupt the state, the more it legislates." Tacitus)
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To: klimeckg

I used Freedom Mortgage. No fees and they will agree not to restart the life of the loan. Used it twice.


6 posted on 02/27/2017 10:47:20 AM PST by eyedigress ((Old storm chaser from the west))
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To: All

Thank you this is very helpful.


7 posted on 02/27/2017 8:04:13 PM PST by klimeckg
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