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.
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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.
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VA Streamline Benefits
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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)