To continue enjoying all the features of Navy Federal Online, please use a compatible browser. Confirm your browser capability.

A VA Streamline Refi Is a Great Way to Save!Footnote [1]

A VA Streamline Refi Is a Great Way to Save!Footnote [1]

You could lower your VA loan rate or convert from an adjustable rate to one that's fixed.

Less Paperwork Than a Traditional Refi

 A VA interest rate reduction refinance loan, also called an IRRRL, is a simplified refinance option open to Veterans with an existing VA loan. We're here to help you make the best decisions about your mortgage.

Let's Talk About Your Options! Call 1-888-996-0313.

With an IRRRL, You Could: 

  • lower your interest rate—convert from an existing VA loan to a new one with a lower rate, and you could save on your monthly payment
  • update your loan terms—go from an adjustable rate to a fixed rate with predictable payments
  • pay no out-of-pocket fees—all fees and closing costs can be rolled into your new loan amount

Apply Now

As a Top VA Lender, We Can HelpFootnote [2]

We understand the unique needs of Veterans and can walk you through the process to refinance your current VA loan. Ready to get started? 

Get More Details

FAQs

A VA interest rate reduction refinance loan, also known as an IRRRL or a VA streamline refinance, is a mortgage refinance option for Veterans who have an existing VA loan. It lets homeowners refinance an existing VA loan to a new VA loan with a lower interest rate. You can also convert an adjustable-rate VA loan to a fixed interest rate with stable payments.

 

Veterans who have a seasoned VA loan and have made at least 6 on-time consecutive payments may be qualified for a VA IRRRL. After you apply, a loan officer will reach out to confirm your eligibility. A VA loan is generally considered seasoned 210 days after the first mortgage payment.

 

No. You don't need a new COE because an VA IRRRL can only be used on an existing VA loan, so we know you're eligible.

Disclosures

1

All VA rules, guidelines, and additional program requirements will apply. All loans subject to approval. Navy Federal has no affiliation with U.S. Department of Veterans Affairs or any other government agency.

Footnote 1’s reference
2

Navy Federal Credit Union was a top 10 VA Lender by overall volume and total loan amount in 2026 by VA. 

Footnote 2’s reference