
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.
Arizona VA IRRRL Information
Do you currently have a VA loan in Arizona and are searching for more information about the VA IRRRL program? Welcome to our site - we built it for people just like you who are searching for more information about the VA IRRRL program. Should you still have questions, you can call our toll-free number to be connected to a loan officer who specializes in helping people with their VA IRRRL loan program needs.
Arizona VA IRRRL Program Overview
VA IRRRL Program: Qualification Criteria
The qualification criteria for a VA IRRRL loan is fairly simple. First, in order to qualify, the new interest rate must be lower than the old interest rate. Second, your principal and interest payment cannot increase - it must go down. Finally, you can't have any late payments on your mortgage over the last 12 month period.
Call Now To Qualify For The VA IRRRL Program! 888-448-2669
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5 February 2012 | 10:00 am
IRRRL Facts For Veterans - http://t.co/2z9vTDkb
$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.