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If interest rates have fallen since you received your VA loan, this program may be right for you. The U.S. Department of Veterans Affairs (VA) provides programs and services for eligible veterans of the United States armed forces, and the VA streamline loan refinance is one of them. Also known as an Interest Rate Reduction Refinancing Loan (IRRRL), this program can help you lock in a lower interest rate or convert an adjustable rate VA loan into a fixed rate VA loan. This exciting program is also for those who have used their eligibility for a VA loan on the property they intend to refinance.
VA Streamline Refinance Benefits
There are many benefits to this service, including no requirements for appraisals, underwriting procedures, or certificates of eligibility. In addition, veterans don’t have to pay any out-of-pocket expenses. As a qualified VA streamline refinance lender, we will ensure that you receive these and many other benefits, including no credit check, no income verification requirement and no mortgage insurance payments.
Applying for a VA Streamline Refinance Loan
To get started, please submit our online form or give us a call at 1 (866) 996-8953. Apply now or contact us by phone to learn more.
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