Now may be the best time for you to take advantage of the VA loan program. Even if you received great rates with a VA loan several years ago, you could get even more savings now. Take advantage of today’s better interest rates by using the VA streamline refinance option, called the Interest Rate Reduction Refinance Loan (IRRRL).
With an IRRRL, we can put time on your side again. This streamline loan can save money in a quick, convenient way. We’ve had many military borrowers save hundreds of dollars per month just by using the VA streamline refinance option to refinance their VA loan. Although time has changed many things, one thing that it can’t change is the fact that you, our nation’s veterans, still deserve the very best.
Streamline Refinances allow Veterans with a VA Loan already to refinance to a lower interest rate. Cash-Out Refinances give the borrower the opportunity to use the equity of the home and use it as cash.