FREE! Advertise your home for sale or rent Moving to or from DC / Pentagon area?
 
 
 
Because our Military Families Deserve the Best!
Advertise
Sound Off! No Registration Required!
VA Loan Refinance Scams
Last Post 02-06-2010 05:39 PM by VR SAM. 0 Replies.
AddThis - Bookmarking and Sharing Button Printer Friendly
Sort:
NextNext
Author Messages Informative
VR SAMUser is Offline
Senior Member
Senior Member
Send Private Message
Posts:171
Avatar

--
02-06-2010 05:39 PM QuoteQuote ReplyReply  

We are getting numerous comments from some of our clients and forum users who financed their homes with VA loans regarding direct mail and telephone scams offering extremely low streamline refinance rates.These are coming from a number of companies but Amerigroup and Mortgage Investors are two of the names we are hearing. In all liklihood they are getting folks addresses from the public record of the lien which would probably indicate a VA loan. First, streamline VA is a great option, if the rates have dropped. But, these companies are quoting rates as low as 3.5% which just isn't possible.  If you want to explore a streamline, call your current lender and see what they will offer. Or ask Susan Wallace for a sanity check on this forum about any "to good to be true" offers. Proceed with caution if you choose to talk to these folks.  VR SAM's recommendation is to completely ignore any direct mail / phone telemarketers and if appropriate, report them for "do not call list" violations. Joe Gladden, Managing Partner, VR SAM

Joe Gladden, (Captain, USN, retired), Realtor
homesformilitary@vrsam.com
O: 703 754-3036 C: 703 585-3305
http://www.vrsam.com
Tags: VA Loan Refinance Scams


Quick Reply
toggle
  Username:
Subject:
Body:
Security Code:
Enter the code shown above in the box below

Submit
Active Forums 4.1
Copyright 2007-2009 MoreSam.net