VA Loans - VA Streamline Loans - VA Loan Programs
You are living in a HISTORIC TIME for interest rates and there has never been a better time for veterans who are looking to lower their interest rate.
ExpressVALoan.com was created as a token of gratitude to veterans for the courage they have shown and the sacrifices they have made to protect our Country. Our mission is to provide an express service to veterans helping them obtain their VA financing much faster and effortlessly than the industry currently offers while also giving them the most competitive interest rates available. You will be working with an experienced team designed to get you the loan you need-FAST! We will save you time and money.
One of the best VA loan options available to veterans in times like now is the VA streamline or VA Interest Rate Reduction (IRRL loan). This loan allows military veterans to quickly refinance their existing VA Loan to a lower rate. Also, the VA Streamline loan requires much less paper work and hassle than a traditional VA loan. In most cases the VA streamline loan doesn’t even require an appraisal. Some of the basic requirements and additional benefits of the VA streamline loan are as follows:
- The streamline refinance requires that your current mortgage be a VA loan and it must be current.
- A VA streamline loan allows military Veterans who are currently in a VA loan to refinance with no income documentation or home appraisal.
- The Streamline refinance in many cases will allow veterans to defer up to 2 monthly mortgage payments.
- The VA streamline refinance allows the escrow account to be refunded after 30 days of closing.
- VA streamline refinance in most cases allows veterans to refinance their home current with no out-of-pocket costs.
- The streamline refinance requires that you have been on-time in making your mortgage payments. In most cases this means that you may not have any 30-day late payments in the last 12 months.
- Although the VA itself doesn’t require a minimum credit score, most VA streamline lenders require the veterans credit score be at least 620.
The VA streamline loan is Quick and Easy. You can get started now by clicking on the button below and filling out our 60 second VA loan quote request.
