
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 - AKA - VA Streamline
Do you have a VA home loan in Ohio and are searching for more information about the VA IRRRL refinancing program? You have found the right place for more information about the VA IRRRL program. Here, we have organized a number of different articles and information about the VA IRRRL program designed to provide the most up to date information about the program. If you have more questions that we haven't answered here, you can always call us directly and we will put you in touch with a VA approved loan officer who can answer any other questions you may have.
Highlights of the VA IRRRL Refinance Program
Ohio VA IRRRL Streamline: Qualification Criteria
The first qualification criteria that must be met to participate in the VA IRRRL refinance is that the interest rate on the new loan must be lower than the interest rate on the old loan. Second, just like you must get a lower interest rate, you must also pay less in overall principal and interest. Finally, you must have made your last 12 months of mortgage payments on time.
Call Now To Qualify For The VA IRRRL Program! 888-448-2669
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
3 February 2012 | 6:55 am
Don't forget you can refinance your rental property with the VA IRRRL program. Great way to improve cash flow. #Tacoma #valoans.
1 February 2012 | 7:41 pm
What Is a VA IRRRL or Streamline Refinance Loan? http://t.co/LGZYcGJz
31 January 2012 | 10:00 am
Dns Industries Patio Door Locks » Va IRRRL Program Has Made ... http://t.co/mYCtcFW6
$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.