Get Your IRRRL Rate Quote

 Reduce your mortgage payments by refinancing your existing VA loan to a lower rate with minimal paperwork. 

A VA Interest Rate Reduction Refinance Loan (IRRRL) – also known as a VA Streamline Refinance – allows Veterans with an existing VA‑backed mortgage to replace their current loan with a new one at a lower interest rate. It’s designed strictly to reduce your monthly payment or switch from an adjustable‑rate to a fixed‑rate mortgage.

The IRRRL process is fast and easy because lenders can reuse your existing loan paperwork. In most cases, no appraisal or credit underwriting is required, and closing costs can often be rolled into the new loan.

• Lower Interest Rate: Replace your existing VA loan with a new VA loan at today’s lower rates.
• No Appraisal Needed: In most cases there’s no need for a new appraisal or extensive documentation.
• Reduced Paperwork: Because you already have a VA loan, lenders can use your existing documentation for a streamlined approval.
• Refinance Adjustable to Fixed: Convert an adjustable‑rate mortgage (ARM) to a stable fixed‑rate loan.
• Roll Closing Costs into the Loan: Upfront costs can often be added to the new loan balance, reducing out‑of‑pocket expenses.

****IRRRLs do not allow you to take cash out at closing. If you’d like to access equity in your home, explore our VA Cash‑Out refinance option instead.****

 To qualify for a VA IRRRL you must already have a VA‑backed mortgage and be current on your payments. Lenders may require that you demonstrate a tangible benefit, such as a lower monthly payment or interest rate, or the conversion of an ARM to a fixed rate.

The process is straightforward: contact our team, provide basic information about your current VA loan, and we’ll handle the rest. Because the VA doesn’t require appraisals or income verification for most IRRRLs, approval and closing usually occur quickly.