An Interest Rate Reduction Refinancing Loan – also known as an IRRRL – is a Veterans Affairs program primarily designed to get people with existing VA loans into lower interest rate loans. (Some may refer to them as “VA to VA” or Streamline loans, but they are different from the “FHA Streamline” loans detailed above.)

Integrity Mortgage is experienced in processing IRRRLs and would be happy to get you started. Just click the “Apply” tab above.

A few facts to remember about IRRRLs:

  • The interest rate of the new loan must be lower, unless you’re going from a VA guaranteed ARM to a fixed rate IRRRL.
  • Appraisals and credit underwriting packages are not required by VA.
  • IRRRLs can be done for no money out of pocket.
  • You cannot receive cash from the loan proceeds.

To complete our easy 10 minute application, click here.