VA IRRRL loan promotional flyer highlighting no appraisal needed, no credit required, property types, occupancy types, loan terms of 15 or 30 years, and competitive rates for eligible veterans.

Helping Our Nations Veterans

Key Loan Details (Purchase)

  • No Appraisal Required: Streamline your refinancing without the hassle and expense of a home appraisal.

  • No Credit Check: Refinance your mortgage without a credit review. Your current VA loan performance is what matters.

  • No Income Verification: Forget about the paperwork. The VA IRRRL doesn't require you to verify your income.

  • Lower Interest Rates with Minimal Fees: Achieve a lower interest rate to reduce your monthly payments, with reduced closing costs.

  • Seasoning Requirements: The new loan cannot close until 210 days have passed from the date of the first payment on the current VA mortgage.

  • Tangible Benefit: When refinancing from a fixed rate to a fixed rate the interest rate decrease must be at least 1/2 of a percent.

References