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Why do you not use my current age and mortgage information to calculate my premiums for the increased coverage?

Published 08/13/2012 09:34 AM   |    Updated 08/13/2012 10:23 AM
Why do you not use my current age and mortgage information to calculate my premiums for the increased coverage?
There is a significant cost savings to you if we use the original factors to calculate your new premium. In the example above, if we used the Veteran's current age, current mortgage balance, and current number of months remaining on the loan, the premium would be $407.47, over $100 more per month than using the original factors.