In the Portland Metro Area, we have been overwhelmed with VA IRRRLs or Streamline refinances. There have been many refinances done in the Portland area to lower mortgage payments. The VA streamlines are found to be easier if you are at certain banks which are able to provide those loans. Some examples are Wells Fargo, Flagstar, MetLife, GMAC and Freedom. If you are dealing with the banks, no appraisal will be required. We have done a large amount of these the past few weeks. We will continue to do this as long as the rates stay within an all time low.
Kerry N. Greenwald
NMLS # 70269
Sr. VA Loan Specialist
360.571.LOAN (5626)
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