Legal Question in Real Estate Law in California
Loan rates for service member in a war zone
If a service member is serving in a war zone, can his/her mortgage loan rate be reduced to 6% during the time period they are assigned to this area?
Asked on 12/13/02, 6:44 pm
1 Answer from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
Re: Loan rates for service member in a war zone
Yes, upon a successful application and if all the qualifying requirements are met. Contact the Armed Forces Information Service or look up the Soldiers' and Sailors' Relief Act on the Web.
Answered on 12/13/02, 7:03 pm