Скачать или смотреть Can you "skip" payments with a VA refinance?

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This video and its contents are not intended for residents or homeowners in the states of MA, NY, or WA.

The answer to this question is both yes and no. We prefer not to use the term "skip," since you aren't really skipping any payment. What happens is that if your VA streamline (or any VA refinance for that matter) is set up properly, you are able to defer or postpone your next two payments by rolling them into your new mortgage.

Most veterans prefer this approach, as it allows them to attack high interest rate credit cards, pay other bills, take a much needed vacation, or just save the money for a rainy day. So yes, you can structure your loan so that your next mortgage payment due is 2 months away.

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DISCLAIMER: Eric is not a licensed loan officer. All advice given is for informational purposes only. For more detailed information, please call in and ask to speak with a licensed mortgage loan originator.

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This video is not intended for residents or homeowners in the states of NY or MA.