
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 IRRRL Information For Veterans
Do you currently have a VA loan in New Jersey 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. You can also always call us directly to speak with a loan officer at a VA approved lender or submit your information online and we will quickly get in touch with you.
VA IRRRL Refinance Overview
New Jersey VA IRRRL Program: Qualification Criteria
There are just a few simple criteria that must be met if you want to take advantage of the VA IRRRL program. First, the interest rate on your new loan can't be higher than the interest rate on your current loan - it must be lower. Second, in addition to getting a lower interest rate, it is required that you also pay less in principal and interest. Finally, you can't have any late payments on your mortgage in the last 12 months and must also be current on your mortgage payment.
Call Now To Qualify For The VA IRRRL Program! 888-448-2669
7 February 2012 | 1:41 pm
@VALoansdotcom :: When is a #borrower required to requalify & get appraisal for a VA refinance http://t.co/jnW1L2al
6 February 2012 | 7:11 am
Do you know IRRL? VA Interest Rate Reduction Loans. No Appraisal, No Income or Asset requirements and no lender... http://t.co/MLhsbYdS
6 February 2012 | 7:10 am
Do you know IRRL? VA refinances with no appraisal and no income or assets. Review the facts and contact me. http://t.co/7zPCPjPN
5 February 2012 | 10:00 am
IRRRL Facts For Veterans - http://t.co/2z9vTDkb
5 February 2012 | 10:00 am
IRRRL Facts For Veterans - http://t.co/2zJO4FlF
$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.