A VA IRRRL (Interest Rate Reduction Refinance Loan) provides a streamlined process for refinancing a VA loan to take advantage of lower interest rates or to reduce the repayment period. The VA IRRRL is designed to reduce the interest rate of an existing VA loan or convert an existing VA adjustable rate mortgage loan into a fixed rate mortgage loan.
A VA IRRRL has several benefits, which include, but are not limited to:
A VA IRRRL cannot be used to refinance a non-VA mortgage. It must be a VA-to-VA refinance, and the IRRRL will reuse the entitlement you originally used.
Katie is truly amazing! Her knowledge and dedication to our clients is above and beyond. My clients and I feel truly blessed to have her on our team.
This process which felt daunting and intimidating was made digestible, understandable and achievable by the team. They gave me the knowledge to make educated and informed decisions that helped me move forward with my first home puchase.
Thank you for taking the time to speak with me every time I had a question or concern. You and your team were always so professional and at the same time, I kind of felt like we were family... I could pop up at any time! Thanks again!
You provide excellent communication during the process. Katie did a superior job.
My refinance was a very streamlined and painless process with Katie and her team. Almost everything was completed electronically. And they were able to accommodate several scheduling issues for the final closing.
I was so worried about purchasing a home because I thought the loan process would be a nightmare. I had heard horror stories. My experience with Paul and InterLinc has been so easy, and I was kept informed throughout the entire process. Couldn't be happier.
Overall the people at InterLinc went above and beyond
Paul and his team didn't give up on us. They kept pushing to find a way to make our homeownership dreams come true. We closed in record time. It was the smoothest process and the best communication. We will always sing their praises and refer them to everyone we know!
Brian did an amazing job on my loan and I never hesitate to refer my clients to him! He’s a master in the Home Loan Arena and his team compliments him very well!
This team was absolutely amazing and made this experience as easy as possible! I highly recommend this company and will always return to them when needed!
