A VA Streamline Refinance, or IRRRL, provides you with a faster way to lower or lock in your interest rate with limited costs. For example, if you’re refinancing your primary residence or if your original VA loan was provided by Caliber, a new property appraisal may not be required.

Designed to provide a faster path to lower monthly payments, you may also:

  • Refinance an adjustable-rate mortgage (ARM) to a fixed-rate
  • Finance energy-efficient improvements
  • Shorten your loan’s term to reduce the amount of interest owed

Your VA entitlement is re-used, so your amount is not affected.