[StBernard] Vets Beware

Westley Annis westley at da-parish.com
Sat Feb 17 01:33:04 EST 2007

We have a VA loan with Chase bank and they are refusing to "recast veterans'
loans". This means, if you have an SBA loan to refinance your VA mortgage,
Chase bank will not lower the monthly payment, meaning you have to make both
payments, the SBA loan and the original mortgage loan.

We used our retirement to pay off the Chase balance, so beware!

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