As a homeowner with a VA loan, you may have seen the acronym “IRRRL” (pronounced “Earl”), especially if you’re considering refinancing your mortgage. But do you know what it means? We’ll explain what ...

IRRRL stands for Interest Rate Reduction Refinancing Loan. You may see it referred to as a "Streamline" or a "VA to VA." These loans are typically used to reduce the borrower's interest rate or to ...

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A VA Interest Rate Reduction Refinance Loan is for refinancing from one VA mortgage into another. You don't need to go through an appraisal or show your credit score or debt-to-income ratio. If you've ...

If you already have a VA loan and want to lower your interest rate or reduce your monthly payments, a VA Interest Rate Reduction Refinance Loan (IRRRL) could be a good option. This loan, also known as ...

When you qualified for a VA loan, you earned some crucial benefits as a homebuyer. You didn’t need to make a down payment, you weren’t required to pay extra for mortgage insurance and you likely ...

VA loans come with many benefits. They have low interest rates, they require no down payment or mortgage insurance, and they limit your closing costs, too. They’re also easy to refinance, thanks to ...

Not all veterans who use VA's refinancing program end up saving on payments; some take advantage of lower interest rates to shorten the term of their loan. (Stock/File) If you’re looking at reworking ...

United Wholesale Mortgage (UWM) announced on Wednesday that it would offer a 50 bps discount on all VA interest rate reduction refinance loans (IRRRL) through Veterans Day on Nov. 11. The company, ...

Also known as a VA streamline refinance, an interest rate reduction refinance loan (IRRRL) is a type of refinance exclusively for VA loans that can lower your monthly mortgage payments. An IRRRL does ...