CFPB and you may Virtual assistant WARNO: Virtual assistant refinancing also provides you to definitely sound too-good to be real

CFPB and you may Virtual assistant WARNO: Virtual assistant refinancing also provides you to definitely sound too-good to be real

Condition

The newest CFPB and you may Virtual assistant is providing the basic WARNO, “Caution Acquisition,” to help you servicemembers and experts which have Virtual assistant lenders. When you yourself have good Va mortgage, then there’s a high probability which you have currently come into the contact with unsolicited proposes to refinance the financial that seem specialized that will voice too-good to be true.

  • Really low interest rates
  • Thousands of dollars inside cash return
  • Skipped mortgage repayments
  • Zero away-of-pocket will set you back
  • No prepared period

a) Working environment

Particular lenders product sales Virtual assistant mortgage refinances may use aggressive and you will probably mistaken marketing sales methods. (más…)

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