<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=998676743601248&amp;ev=PageView&amp;noscript=1">

What is a VA Streamline?

va-streamline.pngThe VA streamline refinance home loan, also known as an interest rate reduction loan (IRRL), is a simple refinance loan that is easy to qualify for using your VA loan benefit.

At Wyndham Capital, our streamlined process allows you to lower your monthly payment and reduce your interest rate through a very quick and efficient loan process with fewer qualification criteria than a standard VA loan.

Wyndham Capital Mortgage is not associated with any government agency.

The Benefits:

  • No out-of-pocket costs.
  • In some cases, no appraisal is required. No income verification required to qualify.
  • Lower your rate with only a 0.5% funding fee.
  • Get existing escrow account refunded back to you.
  • Fast, convenient in-home closings.

Who is eligible for VA Loans?

VA loans are an exclusive benefit for military personnel, veterans, and their families. Included in this benefit is:

  • Veterans
  • Active-duty personnel
  • Reserve members
  • National Guard members
  • Some surviving spouses

Just like other loans, you need sufficient credit and income to qualify. You also need a valid Certificate of Eligibility (COE). Also, you must use your home as your personal home.

 

 

Contact us today to get started: