
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 North Carolina who currently has a VA home loan 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. If you would prefer to speak with someone who is an expert in North Carolina 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 Refinance Highlights
VA IRRRL Streamline: Qualification Criteria
There are some simple criteria that must be met in order to participate in the VA IRRRL program. The first rule is that the interest rate on your new loan has to be lower than the interest rate on your current VA loan. Second, VA IRRRL guidelines require that the amount of principal and interest that you pay is reduced. 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
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7 February 2012 | 1:41 pm
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6 February 2012 | 7:11 am
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6 February 2012 | 7:10 am
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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.