
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
Do you currently have a VA loan in Oregon and are searching for more information about the VA IRRRL program? You have found the right place. We designed this site for people who are currently in a VA loan and may be able to lower their monthly mortgage payment through the VA IRRRL 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 Program
VA IRRRL: 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, the amount of principal and interest on your new loan must be lower than the amount of principal and interest of your old loan. Lastly, you need to have made the last 12 months of payments on your mortgage on time - no lates!
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
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$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.