Watch your budget grow.
If your home is currently financed by a VA home loan, refinancing with an IRRRL can reduce your monthly payments, giving you more flexibility in your budget.
VA Streamline Refinance Loan benefits:
- Appraisal may not be needed
- Income verification not required
- No assets required
- Lower your current fixed rate
- Convert your adjustable-rate mortgage(ARM) to a fixed rate
- No prepayment penalties