VA IRRRL Refinance

What is a VA IRRRL Refinance?

• The VA IRRRL is a refinance program from the Department of Veterans Affairs which could get you a lower rate on your VA mortgage without an extensive qualification process. Simply put, the typical refinance process is streamlined!
• In order to qualify, you must currently be in a VA loan.

How the VA IRRRL Refinance Loan Works

• VA IRRRL is a refinance program for homeowners currently in an VA loan.
• VA IRRRL is offered as a 30-year fixed or 15-year fixed.
• No appraisal required.
• Minimal credit requirements.
• VA Streamlines only allow up to $500 in cash out.

Is an VA IRRRL Refinance right for you?

If you’re in an VA loan now and:

• Your current mortgage rate is higher than today’s mortgage rates.
• Your current mortgage is an adjustable rate mortgage you can convert it to a fixed rate.
• You have made a minimum of 6 consecutive payments on your existing VA loan.

VA IRRRL Streamline Refinance Benefits:

• Lower your rate
• Decrease payoff time
• Pay less interest over the life of the loan
• No appraisal is required
• No equity is required
• No income re-qualifying
• Close is days, not months

Apply Now To Find Out:

1. How much we can lower your payment.
2. How quickly we can close your loan.
3. How we will help you improve your credit scores.