VA Streamline Refinance

VA Streamline Refinances (also called a opens in a new windowVA IRRL) help VA homeowners lower their current opens in a new windowVA home loan rate and home loan monthly payment. Additionally, no appraisal is required and income does not need to be validated.   The process truly is Streamlined!

Phone:  602.435.2149
Email:  Team@JeremyHouse.com

VA Streamline Refi Benefits

Veterans use VA IRRRL (“streamline refi”) to lower their interest rate and monthly payment. This special VA program makes qualifying easy. The main benefits of a VA streamline refinance are:

• Lower Interest Rate
• Lower Monthly Payment
• NO Appraisal Required
• NO Income Verification Required

VA IRRRL – 5 Easy Steps

A VA Streamline Refinance is an easy VA refinance.  Some of the major requirements associated with a typical mortgage are not required with a VA streamline (including the need for an appraisal and to verify income).

Phone:  602.435.2149
Email:  Team@JeremyHouse.com

Basic Documents Needed VA Streamline

Once your opens in a new windowVA streamline loan application is complete, the lender will ask for a few documents in order to process your loan. Examples of the required documents include:

• Clear copies of you/your spouses ID’s
• Copy of the veteran borrower’s DD214opens IMAGE file
• Copy of the “NOTEopens PDF file ” for your current VA mortgage 
• Copy of the “HUD-1opens PDF file ” for your current VA mortgage 
• Copy of your most recent mortgage payment statement for your current VA loan
• Contact information for your current homeowner’s insurance
• Signed disclosure package

VA Streamline Refi Helpful Tips

• You  will “skip” your monthly mortgage payment following your closing
• You will receive a refund check from your current escrow account 2-4 weeks after you close on your new VA Home Loan

Typically, the VA IRRRL process takes 2-3 weeks to complete.

Phone:  602.435.2149
Email:  Team@JeremyHouse.com