IRRRL Information
The VA streamline program is also known as the VA IRRRL program - which stands for Interest Rate Reduction Refinancing Loan. Learn more about the VA streamline and other VA loan options from the nation's #1 VA purchase lender, VA Mortgage Center.com now!
Interested in a Loan Modification for your VA loan? Learn more about VA loan modification and what it takes to get help.
VA Streamline Refinance
VA Streamline Refinance Information
Do you currently have a VA mortgage loan in and are searching for more information about the VA streamline refinance mortgage program? Congratulations, you have managed to find the right place - we built this site for people just like you who are searching for more information about the VA Streamline refinance mortgage program. At any time during your visit, if you have questions or want to see if you can qualify for the VA streamline refinance, be sure to complete the form above to speak with the nations leading VA lender. You will be connected to a loan officer specializing in the VA Streamline refinance program.
VA Streamline Refinance Mortgage Overview
- You don't have to document your assets
- No appraisal is required on your home
- You don't have to provide income documentation
The VA Streamline Refinance: Qualifying Is Easy
The first qualification criteria that must be met to participate in the VA Streamline refinance is that the interest rate on the new mortgage loan must be lower than the interest rate on the old loan. Second, VA Streamline refinance guidelines require that the amount of principal and interest that you pay on the mortgage is reduced. Lastly, you need to have made the last 12 months of payments on your mortgage on time - no lates!
Complete the form above to get started with your VA streamline refinance loan or learn more about VA Home Loans from the nation's #1 VA purchase lender, VA Mortgage Center.com.
VA Streamline Benefits
$0 Down
VA loans allow you to finance 100% of the home's value and purchase with $0 down. FHA programs require 3.5% down and other programs require as much as 20% down.
Lower Monthly Payments
VA loans don't require mortgage insurance which saves you money each month. You will also get generally lower rates with a VA Loan.
Easier to Qualify
As many as 80% of veterans and active-duty military members could not have qualified for a conventional loan.
Fixed Rates
Most Veterans choose going with a 30 year fixed rate so they know that their rate won't adjust to the point where they can no longer afford their home.