VA Streamline Refinance

Similar to the standard VA loan, the VA Streamlines are backed by the US Department of Veteran Affairs, designed to make homeownership more accessible to Active Duty military and veterans. Also referred to a VA Interest Rate Reduction Refinance Loan (IRRRL), the VA Streamline is used to change the term or lower the rate on an existing VA loan.

In most cases, there is no appraisal required and the funding fee is reduced.

The side of a cabin on a hill at sunset, with the sky reflecting in the window