Interest Rate Reduction Program
VA Streamline
Program
The VA IRRRL, also known as a VA Streamline, is designed exclusively for veterans with existing VA-backed homes to reduce their interest rate or convert from an adjustable-rate to a fixed-rate with minimal paperwork and hassle.
Get Started →Key Program Features
- No appraisal required in most cases
- No income verification or credit check (non-credit qualifying)
- No out-of-pocket costs — closing costs can be included
- Low funding fee: 0.5% (waived for veterans with service-connected disabilities)
- No PMI required
- Can close in as few as 30 days
Eligibility Requirements
- Must have an existing VA-backed home
- Must wait at least 210 days from first payment date (seasoning requirement)
- Must have made at least 6 consecutive monthly payments
- No more than one 30-day late payment in the past 12 months
- New terms must provide a net tangible benefit (lower payment)
- Property must be your primary residence
Simple Process
How It Works
Step 1: Check Eligibility
Takes 2–3 minutes. No credit impact to check eligibility. Secure & confidential.
Step 2: Leland Reviews
We review your current situation and identify your potential savings and options.
Step 3: Close Fast
With minimal paperwork and no appraisal in most cases, you could close in 30 days.
Ready to Lower Your VA Payment?
Takes 2–3 minutes. No credit impact. Secure & confidential.
Find Out More