VA Loan Expect, Eric Kandell describes what to expect when Refinancing a VA Home Loan. Learn how to save money and when to say when is the right time to refinance.

1. What to expect now that your VA
Streamline is in processing

2. Your loan is in processing
now what? (5-10 days avg)
• Disclosures (state and federal)
• Request Payoff amount
• Order title search and insurance
• Get Tax Information
• Look at Insurance coverage
• Contact the VA
• Other misc. details

3. • VA IRRRLS have very little denial rate at
this time (minimal underwriting occurs)
• Do you still meet VA guidelines?
• Will the VA guarantee your loan?
• You will get a Closing Disclosure or CD to
review and ask questions
After Processing is
Underwritng? (3-5 days avg.)

4. • You will be contacted to schedule
your closing time and place
• Ask any last questions or review of
the Closing Disclosure or CD
• We will come to your home to close
Your Loan Gets Cleared for
Closing (1-3 days)

5. • You have time to relax, think, ask
more questions
• After 3 business days your right to
cancel expires and you are all done!
• Congratulations! Now enjoy those
savings
You Closed now what? Rescission
period (3 business days)

6. • Many VARIABLES that we cannot control
• Timelines mentioned are estimates only
• We lock loans for long enough time to avoid
misunderstanding and lost locks and rates
• You have a lot of influence
• Patience is helpful when needed
• We are working as hard as we can for you, if
you get frustrated call, email, text.
Important Facts to Consider

7. “Wish I would've hooked up with you when I first
bought my house. You have been such a blessing to
me and my son. Thank you for all you have done.”
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