How to pay off your VA home mortgage loan faster with a VA IRRRL : Most Veterans today have 30 year mortgages and yet most Veterans have a pretty adverse reaction to debt and realize that debt is not something we should have if possible. In this video, we share some ways in which you can pay your home mortgage off faster and in so doing can save hundreds of thousands of dollars a month.
One of the fastest ways to pay your VA loan off faster or early is to utilize the VA IRRRL and take a shorter term like a 25, 20 or 15 year mortgage. By taking a shorter term you are forcing more of your hard-earned money toward the loan balance and not into interest.
In this video you will also learn about bi-weekly payments, adding additional money to your monthly payments and even how taking your lunch to work with you could save you tens of thousands of dollars.
This video is not intended for residents or homeowners in the states of WA, NY or MA.
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