
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 For Veterans In California
Are you currently in a VA home loan and searching for more information about the VA IRRRL (also known as the VA Streamline refinance) 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. At any time during your visit, if you have questions or want to see if you can qualify for the VA IRRRL loan program you can always call our toll-free phone number to be connected to a loan officer specializing in the VA IRRRL program.
California VA IRRRL Highlights
California VA IRRRL Refinance: 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, the VA IRRRL guidelines require that you pay less in principal and interest on your new loan vs. what you paid in principal and interest on 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
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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.