
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 have a VA home loan in Florida and are searching for more information about the VA IRRRL refinancing 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 would prefer to speak with someone who is an expert in Florida VA IRRRL program, you can always call our toll free number and be connected with a loan officer who can answer any questions you may have.
VA IRRRL Program Overview
VA IRRRL Streamline: 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 that you pay on your new loan must be less than what you were paying on your old loan. 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
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.