Special Refinancing Programs for Veterans
Veterans currently in VA loans are eligible for an exclusive program designed to make refinancing as easy as possible. The VA Interest Rate Reduction Refinancing Loan or IRRRL takes the hassle out of the standard refinancing process making it easier to lower your rate or transition to a fixed-rate mortgage.
Key benefits of a VA IRRRL
- No appraisal or minimum credit score required
- No income or employment verification
- No origination fees
- Monthly mortgage insurance or PMI is not required
There are minimal restrictions on the VA IRRRL and rates are still extremely low so now is a great time to get started on a refinance.
Lendplicity Mortgage specializes in VA IRRRLs offering great rates, no administrative, underwriting or processing fees and quick turnarounds.
If you are (or know a veteran), first and foremost, thank you for your service. Second, give Lendplicity a call at 512-387-7880 and see if the VA IRRRL makes sense for your situation.