
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.
Texas VA IRRRL Information
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 for more information about the VA IRRRL program. Here, we have organized a number of different articles and information about the VA IRRRL program designed to provide the most up to date information about the 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.
Texas VA IRRRL Program Overview
VA IRRRL: 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, your principal and interest payment must go down - or in other words, you have to save money each month on your mortgage payment. Finally, you can't have any late payments on your mortgage in the last 12 months and must also be current on your mortgage payment.
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
Dns Industries Patio Door Locks » Va IRRRL Program Has Made ... http://t.co/mYCtcFW6
$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.