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.
Great to work with! Made it easy for us and answered all our questions along the way. Wonderful experience. THANK YOU!
Jerry and his team were phenomenal to work with. He spent ample time answering every question and responds so quickly! Hands down, he is the best in town!
We used Jerry for our VA loan. He was super easy to work with and very informative with great videos explaining the process. We closed our VA loan in less than 14 days with Jerry.
I can only say that Alex and his team are great. Getting a loan can become a tedious and long process sometimes, but Alex made it happen professionally. I highly recommend Alex, I always felt his interest in me getting a home and I’m really thankful with him and all his team for all the effort they put in it.
Approval went so smoothly with this company. I would recommend them highly. Great people to work with!! 5 stars definitely!!
My preferred lender to send my customers and clients to. They always go above and beyond and do what it takes to get it closed, often times ahead of schedule too!! Excellent follow up and they treat my customers like a person and not a number. Highly recommend!!
Mitchell was fantastic and made the home buying experience a breeze! He was always quick to answer our questions and made everything as easy as possible. I would give him 10 stars if I could!
Sheryl and her team can work magic! I’m a real estate agent in FWB and Sheryl has closed two very difficult transactions for me this year. When everyone else said “no way” or wanted to charge very high rates, Sheryl said “yes” and she made it happen. She delivers what she promises and give so much extra. I trust her to do what she promises and more.
The team at InterLinc is amazing! After relocating back to Texas we thought it would take several months to obtain a mortgage. We found a house we loved, applied for our loan and were closed, funded and moved in exactly 4 weeks after applying. The staff is honest, professional and hardworking. I am so grateful for their awesome work and highly recommend them for anyone looking for a mortgage loan.
Jackie's speed and diligence unmatched. We were very blessed to have her work our deal. It was a time-crunched, unique situation and she worked non-stop to make it happen, all the while with a killer attitude of support, humor and availability. She's the best.
