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Refinance Now to Lower Your Rate. Tap Your Equity. Pay Less.

VA Streamline (IRRRL)

Lower Your VA Loan Rate, Fast and Easy

If you have a VA loan, the VA Streamline Refinance (IRRRL) is the quickest way to reduce your rate with minimal paperwork.

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What Is a VA IRRRL?

IRRRL stands for Interest Rate Reduction Refinance Loan (also called a VA Streamline Refinance).

It's designed specifically for veterans and active military who already have a VA loan. The process is streamlined, meaning:

  • No appraisal required (usually)
  • No income verification required (usually)
  • Minimal documentation
  • Fast processing
  • Lower rates

The goal: Lower your interest rate and monthly payment as quickly and easily as possible.

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Why VA Streamline Is the Best Option

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No Appraisal Required

In most cases, you won't need a new appraisal. We use your existing loan information.

Minimal Paperwork

No income docs, no employment verification (in most cases). Just basic info.

Lower Rate, Lower Payment

Reduce your interest rate and monthly payment without the hassle.

Fast Processing

Close in as little as 20-30 days (faster than standard refinances).

No Out-of-Pocket Costs

You can roll closing costs and the VA funding fee into your new loan.

Already a VA Loan

Since you have a VA loan, you're already approved for VA benefits.

Who Qualifies for VA IRRRL?

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You Must Already Have a VA Loan

This is only for refinancing existing VA loans (not conventional or FHA).

You Must Be Current on Payments

No late payments in the past 12 months.

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Your Rate Must Be Lower

The new rate must be lower than your current rate (with some exceptions for ARM to fixed conversions).

VA Funding Fee

You'll pay a funding fee of 0.5% (can be rolled into loan). Disabled veterans may be exempt.

Occupancy Certificate

You must certify that you previously occupied the home as your primary residence.

The VA Streamline Process

Step 1

Check Your Rate

5 minutes. We'll estimate your home value and calculate available equity.

Step 2

Get Your Quote

Same day. Review your new payment and savings.

Step 3

Lock Your Rate

When ready. Protect against rate increases while we process.

Step 4

Appraisal

1-2 weeks. No appraisal or income docs needed in most cases.

Step 5

Close Fast

20-30 days. Sign and start saving immediately.

Start Your VA Streamline

What Does VA Streamline Cost?

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VA Funding Fee

0.5% of the loan amount (can be rolled into loan)
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Example: $300,000 loan = $1,500 fee


Exempt if: You receive VA disability compensation

Closing Costs

Typically 1-3% of loan amount (lower than standard refinances)


Can be rolled into the loan or paid out of pocket

No Appraisal Fee

Saves you $400-600 compared to standard refis

Is VA Streamline Right for You?

Good fit if:

  • You have an existing VA loan
  • Rates have dropped 0.5%+ since you bought
  • You're current on your payments
  • You want to lower your monthly payment
  • You want minimal paperwork and fast closing

Not a good fit if:

  • You want to cash out equity (use VA cash-out instead)
  • You're switching from VA to conventional
  • You're behind on payments
  • Your rate hasn't improved enough to justify costs
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VA Streamline Questions

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No, your existing VA entitlement covers the streamline refi.

Yes, as long as each refinance lowers your rate and you meet requirements.

Usually no, unless the lender requires one in specific cases.

Yes, though this may require more documentation and change the streamline status.

There's no set minimum, but most lenders want to see enough savings to justify the refi (typically 0.5%+).

Not with a streamline. You'd need a standard refinance, which requires full documentation.

Lower Your VA Loan Payment Today

Check your rate and see how much you could save with a VA Streamline Refinance.

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