Borne The Battle

Home interest rates are at historic lows and VA home loans offer lower rates than any other type of home loan. Navy Veteran John Bell, deputy director of VA's Loan Guaranty Service, joins Borne the Battle to break down VA’s Interest Rate Reduction and Refinance Loan (IRRRL), mortgage refinancing, VA home loans and how these benefits help Veterans stay in their homes.Bell, a Gulf War Veteran, began his career in the mortgage industry working in the private sector. Before starting with VA, Bell most recently served as Vice President of VA Real Estate Management at Bank of America. He held other senior leadership positions at large lending institutions where he designed a portfolio retention strategy that is now an industry-leading model.Bell started with VA in 2010. Before taking his current position, he served as the assistant director for Loan Policy and Valuation in VA's Loan Guaranty Service, where he helped reduce timelines for determining eligibility from 14 days to less than 48 hours.Bell builds on his a