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The VA Interest Rate Reduction Refinance Loan (IRRRL) is a refinancing option for veterans with existing VA-backed home loans. Refinancing a home mortgage can be a complex and lengthy process unless ...
VA loans come with many benefits. They have low interest rates, they require no down payment or mortgage insurance, and they limit your closing costs, too. They’re also easy to refinance, thanks to ...
Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...
VA loans are exclusive to veterans, active military personnel and their families. It’s a government-backed loan program designed to make homeownership more affordable for these individuals by offering ...
Also known as a VA streamline refinance, an interest rate reduction refinance loan (IRRRL) is a type of refinance exclusively for VA loans that can lower your monthly mortgage payments. An IRRRL does ...