If you are a veteran with a current VA loan, you may be able to refinance it with the VA IRRRL. The VA Interest Rate Reduction Refinance Loan Program makes it easy for veterans to lower their interest rate or change their loan’s term. Looking for Current Mortgage Interest Rates? Click Here. Unlike traditional refinance […]
Things you May Not Know About the VA IRRRL
If you have a VA loan now, you may have access to the powerful, yet simple VA IRRRL program. Known as the Interest Rate Reduction Refinance Loan, this program allows you to refinance with very little verification of your qualifications. VA lenders are able to use the qualifications from your current loan to approve you […]
Should you Pay Discount Points for a Lower IRRRL Interest Rate?
Qualified homeowners can refinance their VA IRRRL with very little requirements. You don’t need a specific amount of equity or even a specific credit score. As long as there is a benefit to refinancing and you made your payments on time for the last 12 months you may qualify. Compare Offers from Several Mortgage Lenders. […]