As a homeowner with an existing VA loan, you may be eligible for an Interest Rate Reduction Refinance Loan (IRRRL). With interest rates still near all-time lows, refinancing to a lower interest rate could significantly reduce your monthly mortgage payment. Have an adjustable rate mortgage (ARM)? You may also use an IRRRL to refinance to a fixed-rate.

VA IRRRL Features:

  • No appraisal required
  • No credit underwriting required**
  • New Certificate of Eligibility (COE) not required
  • No ongoing occupancy requirement
  • Reduced fees
  • Option to roll fees into loan so you pay nothing out of pocket

Please contact me anytime. I would love to review your particular situation to determine if I can help you save money with this loan program.

Here at Castle & Cooke Mortgage, we are honored to serve those who have served our country. If you have friends or family members who may also benefit from one of our VA programs, we would be grateful to receive your referral.