VA Streamline Refinance

Current VA Streamline Refinance Rates

Last updated Wednesday, April 23rd, 2014 at 2:55 PM CST

VA 30 Year Fixed:                    4.50%*

VA 15 Year Fixed:                    4.25%*

If you currently have a VA Mortgage that you would like to refinance while interest rates are still low, your best option is most likely a VA IRRRL (Interest Rate Reduction Refinance Loan) otherwise known as a VA Streamline Refinance.  An IRRRL refinances your existing VA mortgage into a new one at a lower interest rate.  You can also refinance from an adjustable rate mortgage (ARM) into a fixed rate mortgage, even if the fixed rate is higher than the current rate on your ARM. 

You don’t have to use the same lender that currently services your mortgage for a VA IRRRL.  You can use any VA approved lender that offers the VA IRRRL.  It is in your best interest to check with other VA lenders to see if they can give you a lower rate than your current mortgage servicing company.

*APR will vary by lender based on lender’s specific closing costs 

VA IRRRL: Eligibility Requirements

  • Must be refinancing an existing VA Loan into a new VA Mortgage.
  • No late payments in the past 12 months.
  • ust certify that you have been occupying the property.
  • Cannot take more out on your new loan than what you currently owe.  However, closing costs can be added to the new loan so there is not any cash out of pocket to refinance.
start va loan 150x150 VA Streamline Refinance

Get Started on Your VA Mortgage Now!!

Call our toll free number (888) 890-3967 or fill out the short form to the right and a VA Specialist will help you get started.

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