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

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

    “The VA IRRRL is an option that enables homeowners to refinance a previously existing fixed-rate VA home loan to a new one, typically with a lower interest rate,” says Robert Greenbaum, chief ...

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

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

    VA IRRRL. VA cash-out refinance. Primary Purpose. To secure a lower interest rate or switch from an ARM to a fixed-rate mortgage. To tap into your home equity and convert it into cash

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

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

    Refinancing a VA loan. There are two main ways to refinance a VA loan: with an Interest Rate Reduction Refinance Loan (IRRRL), also known as a VA streamline refinance; or with a VA cash-out refinance.

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

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

    Learn more: Compare current VA refinance rates. Frequently asked questions on VA cash-out refinances. ... What's the difference between a VA cash-out refinance and a VA streamline refinance?

  7. VA loan benefits and disadvantages - AOL

    www.aol.com/finance/va-loan-pros-cons-180505984.html

    Lenders tend to charge lower rates for VA loans than they do on conventional loans, ... Plus, the funding fee on a VA IRRRL is relatively small: just 0.5 percent of the loan amount.

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