Lower your VA rate. Skip the paperwork.
The VA IRRRL is one of the simplest refinances that exists. Minimal documentation. No appraisal. I make sure the benefit is real before we start.
Overview
If you have an existing VA loan, the IRRRL lets you lower your rate with almost no friction. No appraisal. No income verification from VA. No employment verification. Your payment history and the rate improvement are what matter.
The funding fee is the lowest of any VA loan type. The paperwork is minimal. Most close in weeks.
I check the net tangible benefit before we start. VA requires that the refinance genuinely improve your situation. If the savings aren't there after accounting for costs, I tell you to wait. When they are, I move fast.
Key Details
How I Handle This
I pull your current VA loan details, calculate the rate improvement and monthly savings, and verify the net tangible benefit test passes. If it does, I price it across VA lenders and close quickly.
If you've PCS'd and the property is now a rental, I confirm IRRRL eligibility. Most veterans don't know this feature exists.
Questions I Get
What's the net tangible benefit test?
The refinance must provide a genuine improvement. Minimum rate reduction for fixed-to-fixed. Total costs recoverable through savings within a set period.
Can I IRRRL a property I don't live in anymore?
Yes. If you previously occupied it as your primary residence. Unique to VA and one of its most underused features.
How fast does it close?
Two to three weeks typically.
Do I have to use my current lender?
No. Any VA-approved lender can do an IRRRL. I shop across my network for competitive pricing.
Have a VA loan? Let's check your savings.
Send me your current rate. I'll calculate the improvement and tell you whether it's time.