Lower VA Loan Rates
Iowa & Nebraska VA Streamline Refinance Program
The VA Streamline Refinance provides a fast, simple, and stress free way of lowering your interest rate and mortgage payment on your existing VA home loan. VA Interest Rate Reduction Loans or IRRL is commonly referred to as a Streamline Refinance. Even if you no longer occupy the property you are still eligible! The Streamline Refinance reference comes from the fact that the approval process is streamlined. Streamlined processing means less documentation from you, and a quicker, smoother transaction.
VA Streamline Requirements
- Must currently have an existing VA Loan
- Presently current on your existing VA Loan
- No more than one 30 Day Late on current VA Loan
- Have a FICO of 600 or higher
- Interest Rate on New VA Loan must be lower than your Existing Interest Rate
- Decrease in monthly principal and interest
VA Streamline Benefits
- Skip up to 2 mortgage payments
- Lower your current mortgage payment, depending on your current interest rate you can save hundreds per month in interest charges
- No out of pocket costs, any and all costs can be financed into your new VA Streamline Loan
- Have your existing escrow account refunded back to you
- Reduce your current interest rate and save thousands in interest over the life of your loan
- Fast, convenient local closings
Act Now
With mortgage interest rates still at records lows there has never been a better time to refinance your exiting VA Loan than now and with a VA Streamline Refinance, it couldn’t be much easier. For your FREE VA Streamline analysis call Ryan Larsen, Senior Loan Officer today at 402-871-2985 or Toll Free 800-379-0386 or apply on line.
