What is a VA Streamline Refinance (IRRRL)?
Also known as an Interest Rate Reduction Refinance Loan (IRRRL), VA Streamline refinancing is a great option for homeowners who already have a VA Loan and are interested in refinancing into a lower interest rate and lowering their monthly mortgage payment.
VA Streamline refinance loans have the benefit of being relatively easy to complete, as homeowners are simply refinancing from one VA loan product to another.
VA Streamline Benefits
Refinance now and save with today's low rates!
Low funding FGE, .5%
No minimum credit score
Not required to currently occupy the home
No income paystubs or W-2's
No out-of-pocket costs
No appraisal necessary
Late mortgage payments are OK (must be current on payments at application)