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What is an IRRRL VA refinance loan?

An IRRRL, or Interest Rate Reduction Refinancing Loan, is a quick VA refinance option with fewer qualifications and less paperwork than other refinance loan options. It’s meant to be a quick and non-complicated refinance option for qualified VA homeowners, and there is no appraisal requirement. Read more

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2019 Summer Market Update With Jim McMahan: Is it a good time to refinance?

In this video, Jim McMahan, President of Benchmark Mortgage, talks about the market, interest rates, and debt strategy to help you decide whether refinancing might be a good option for your financial goals.

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How to Refinance Without a New 30-year Commitment.

Now, you could get a refinance loan for any term between 15 and 30 years! Get a better rate without "starting over". Benchmark presents: Odd Term Mortgages.

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Does it Make Sense to Refinance? 5 Things To Know

If you are thinking about refinancing, you probably have a good reason. Maybe  you are curious if you could save money by locking in a lower interest rate. Maybe you wonder if you could use some of the equity you have established in your home. Whatever your reason, here are 5 things to know before …

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Mortgage Applications Rise 4.1% According to Most Recent Data

The Mortgage Bankers Association reported a 4.1% increase in mortgage applications from the prior week. Steve Remington, Benchmark’s Chief Operations Officer, noted that the increase in applications could be a consumer response to the recent trend in the market, indicating a shift from the prolonged period of low interest rates. “Mortgage Bankers Association Data indicates …

The post Mortgage Applications Rise 4.1% According to Most Recent Data appeared first on Benchmark.

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Purchasing or Refinancing with the HomeStyle Renovation Program

The HomeStyle Renovation Program is available to borrowers who are looking to make Renovations, Repairs, or Improvements to a home with a single loan, rather than with a second mortgage, or home equity line of credit. At Benchmark, we know how important it is to make a house your own. Your Benchmark loan originator can …

The post Purchasing or Refinancing with the HomeStyle Renovation Program appeared first on Benchmark.

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