The VA streamline refinance home loan also known as an interest rate reduction loan or irrrl, is without a doubt the best mortgage refinance loan on the market. Absolutely no other refinance loan program is as simple and easy to qualify for. This refinance program is a government backed mortgage loan for active duty and prior service veterans who already have an existing VA loan. It provides you a fast, simple and hassle free way to refinance your current VA home loan so that you can take advantage of lower interest rates. Credit qualifying is not required. This means that even if you have bad credit, as long as you have not had more than 1 thirty day late mortgage payment in the last 12 months, you may still be eligible for a VA streamline refinance. 

Not only is credit qualifying not required for the VA streamline refinance program but income documentation, job verification and appraisals are not required either. What could be easier! And to add icing on the cake, VA even allows you to rollover $6000 into the loan amount for energy efficient home improvements.

Now is an excellent time to refinance your home because mortgage rates, including VA loan rates, have dropped as the fed attempts to get the economy back on the right track. If you currently have an adjustable rate VA mortgage you must seriously consider taking advantage of this opportunity to refinance it into a permanent, low fixed-rate... or, if you already have a fixed-rate VA loan, refinancing may allow you to save a hundred dollars or more on your current monthly mortgage payment.

John Cashion

Home Mortgage Consultant

Wells Fargo Home Mortgage

250 Beiser Blvd Suite 201
Dover, Delaware 19904
302-672-1213 Tel
888-678-3250 Toll-free

302-242-1975 Cell

302-678-7134 Fax
john.w.cashion@wellsfargo.com

http://www.johncashion.com