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VA IRRRL
The VA Interest Rate Reduction Refinance Loan: the fastest, simplest way for a veteran with an existing VA loan to lower their rate and payment.
The IRRRL advantage
No appraisal needed and No income verification.
This makes the loan simple and super easy. You only need four documents!
Lower your rate without the usual hassle.
If you already have a VA loan, an IRRRL, sometimes called a VA streamline refinance, replaces it with a new VA loan at a lower interest rate, or moves you from an adjustable rate to a stable fixed rate. Because the process is streamlined, there is far less paperwork and far less waiting. Lance will confirm that the refinance benefits you before you move forward.
Why veterans choose the IRRRL
No appraisal needed
There is no need to wait on an appraisal or worry about your home’s current value.
No income verification
No pay stubs, W-2s or tax returns to chase down. The process stays simple.
Only four documents
A short checklist that gets you from application to closing quickly.
Lower payment, steadier rate
Reduce your interest rate, or trade an adjustable rate for the stability of a fixed one.
How it works
Check your savings
Lance compares your current loan with the new rate and payment.
Apply online
Start your application in minutes through our secure portal.
Send your four documents
We tell you exactly which ones, so there’s no guesswork.
Close on your new loan
Your new, lower-rate VA loan replaces the old one.
Good to know: an IRRRL is available to borrowers who already have a VA loan on the home. A reduced VA funding fee generally applies unless you are exempt, and the new loan must provide a benefit to you under VA rules.
Start your VA home financing journey today.
Serving ALL of Florida and Utah.