VA Streamline Refinance
VA streamline refinancing in the mortgage industry is better known as an *IRRRL.
*IRRRL = I nterest R ate R eduction R efinance L oan
The IRRRL is one of the best options for homeowners who already have a VA loan and would like to refinance into a lower monthly mortgage rate.
This refinance type is relatively easy and can be completed quickly, due to the fact that you are refinancing from one VA loan product to another.
VA Streamline/ IRRRL Refinance Benefits
- IN MOST CASES No appraisal is required
- Simplifies VA home refinancing
CHM Lending is a local mortgage broker founded in 1992 and located in Medina, Ohio. Our company offers a full range of mortgage loan products including Conventional, FHA, VA, USDA, Construction, and Renovation loans. Our team has a combined 75 years of experience in the mortgage industry and was voted Best of The Best in Medina County in 2017. We use a common sense approach with all of our clients and we work with many different lenders to be able to offer the most competitive rates and costs coupled with amazing customer service.