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  2. VA loan refinance: What is it and how does it work? - AOL

    www.aol.com/finance/va-loan-refinance-does...

    To qualify for a VA mortgage refinance, you'll need to meet specific service, income and credit score guidelines. The two primary VA loan refinance options are Interest Rate Reduction Refinance ...

  3. What is a VA streamline refinance (VA IRRRL) and how ... - AOL

    www.aol.com/finance/va-streamline-refinance-va...

    Also known as a VA streamline refinance, an interest rate reduction refinance loan (IRRRL) is a type of refinance exclusively for VA loans that can lower your monthly mortgage payments.

  4. VA loans: What they are and how they work - AOL

    www.aol.com/finance/va-loans-200043770.html

    VA loans can have term lengths of 10 to 30 years, with a fixed or adjustable rate. VA loan interest rates vary from lender to lender and by borrower, but are sometimes lower than those on ...

  5. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    In a refinance where the loan is a VA loan refinancing to VA loan (IRRRL Refinance), the veteran may borrow up to 100.5% of the total loan amount. The additional .5% is the funding fee for a VA Interest Rate Reduction Refinance. VA loans allow veterans to qualify for loan amounts larger than traditional Fannie Mae / conforming loans

  6. Types of mortgage refinance: How to choose - AOL

    www.aol.com/finance/types-mortgage-refinance...

    Rate-and-term refinance: Rate-and-term is a refinance option that swaps your ... Streamline refinances are an efficient way to get a lower rate on an FHA, VA or USDA mortgage because they involve ...

  7. Is doing a VA cash-out refinance a good idea? Here’s ... - AOL

    www.aol.com/finance/doing-va-cash-refinance-good...

    A VA cash-out refinance provides the borrower with cash proceeds, while a streamline refinance does not. The goal of a streamline refinance is to reduce your mortgage interest rate to lower your ...

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