
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 Mortgage Refinance Program
Are you a resident in Arizona who currently has a VA home loan and are searching for more information about the VA IRRRL program? You have found the right site! We have organized all kinds of information about the VA IRRRL program so that you can find out if you can save money each month on your mortgage by participating in 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.
VA IRRRL Program Overview
VA IRRRL Streamline: 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 must have made the last 12 months mortgage payments on time in order to be eligible.
Call Now To Qualify For The VA IRRRL Program! 888-448-2669
7 February 2012 | 4:59 pm
Problems with va irrrl loan http://t.co/iEQNEdld
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
$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.