Interest rates are low right now and it’s a great time to refinance if you’re a veteran.
If you have a VA loan, you can do a streamlined VA Interest Rate Reduction Refinance Loan, or IRRRL (pronounced “Earl”). With the VA IRRRL you can get lower payments, reduce your rates, and even change some terms on the loan.READ MORE
So, the short answer is that every mortgage is due on the first of the month. Now, where it gets a little trickier is that there are two different ways to think about if it’s late:READ MORE