The VA has created a program called the Streamline Refinance to provide a way for current VA homeowners to lower their interest rate with little or no out-of-pocket costs. These loans can also be made faster and with less documentation than a typical loan.
An Interest Rate Reduction Loan or Streamline Refinance allows you to refinance your current mortgage interest rate to a lower rate than you are currently paying. This is only available to veterans who are refinancing their original VA mortgage and utilized their original eligibility.
“No Cost” Streamlines let you refinance your mortgage with no out-of-pocket expenses. One option is to let the lender pay the costs in exchange for a higher interest rate. Another option that lets you obtain market rates is to roll the closing costs into the new loan.
BASICS OF THE STREAMLINE REFINANCE
The VA streamline refinance process allows you to refinance your current mortgage interest rate to a lower rate. The Streamline loan is extremely popular because of its ease of use and quick processing.
To start the process you can do any of the following:
Call us directly at 720-943-4278
E-mail me at firstname.lastname@example.org
Fill out the form below, or simply apply now.