IRRRL

As a fellow veteran, I understand the importance of keeping your hard-earned money in your pocket. With our Streamline IRRRL program, you can reduce your monthly mortgage payments by taking advantage of the current lower interest rates. You won’t have to worry about any third-party closing costs or lender fees. There’s no income or appraisal required, and the streamline paperwork process is simple and straightforward. I will arrange for a free mobile notary to come to you, so you can close the loan when and where you want, at your own convenience. We are dedicated to serving veterans like you and are ready to help you through the entire refinance process.

You won’t have to worry about any third-party closing costs or lender fees. There’s no income or appraisal required, and the streamline paperwork process is simple and straightforward.

Frequently Asked Questions

What is the difference between an IRRRL and a refinance?

An IRRRL is a type of refinance available to eligible veterans that requires minimum paperwork, and the process is much more streamlined than a regular refinance.

Does IRRRL have closing costs?

Yes: There are closing costs, such as the VA funding fee, which is .5% of the loan amount. These costs can be financed into the loan

What credit score do you need for a VA IRRRL?

660: You must meet the minimum credit score of 660 in order to qualify for a VA Streamline IRRRL at Trident Home Loans.

Is there an appraisal required for a VA IRRRL?

No appraisals or income verification are required for a Streamline.

Does Trident really offer the IRRRL streamline at no-cost?

Yes: We cover all of your 3rd party transaction fees with a lender credit.

Do I still need to pay escrow?

Yes: Your current escrow account will be refunded within 30 days. You can either finance the escrow or pay it with cash.

Can I get cash out with a streamline IRRRL?

Yes: You can get up to $500 with minimal paperwork or you can look into the VA cash-out refinance program instead with full documentation