VA Streamline Loan Features

VA Streamline Refinance Home Loan Features

No Appraisal VA Streamline Refinance Loan

VA streamline refinancing lets you refinance your existing VA home loan with no out of pocket expenses. All closing cost and escrow items (also known as pre-paids) can be rolled into the loan amount.  You can’t receive any cash out paid to the borrower.

Credit score Requirement. Minimum FICO (credit) Score – 580 Mid Score. It use to be that Credit qualifying was not required, meaning it didn’t matter whether you had a 500 or 780 Fico score, that was not factor in the past.  But that has changed with the changes in the mortgage industry.Your existing mortgage must be current and you can not have had a 30-day late in the past 12 months.  It use to be that you could not have had more than one 30-day late mortgage payment within the last 12 months.
Must verify income by either your job or benefits or retirement income.  (Use to be no verification of Job or income).
Skip up to 2 payments, Can “roll 2 payments into IRRL” allowing you to delay 2 months scheduled payment.
Get existing escrow account refunded back to you
NO APPRAISAL  (Use to Require an appraisal of the property).
Fast, convenient in-home closings
Your current mortgage loan must be a VA home loan in order to do a  VA streamline refinance.
Cash-out is not allowed on the VA streamline loan but up to $6000 in energy efficient improvements can be included in the loan amount.
Energy efficiency improvements to your home can be rolled into the loan amount up to $6,000 If you need cash-out consider a VA cash-out refinance.


  • Ben was so great to work with on our refinance. He went above and beyond to make sure it was done right and that everything was in place. We would highly recommend him to anyone.

  • Ben worked with us when we were buying a home and I was particularly impressed with how quickly he always responded, even at odd hours. He was a pleasure to work with and we have already recommended him to friends.

  • Ben was courteous, professional, and knowledgeable. He had our best interest at heart through our entire home buying process and never pressured us. I would recommend him to anyone who is looking to buy or refinance a home.

  • Easy online Application
    Online Mortgage Application

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    All loans subject to credit approval. Rates and fees subject to change. Mortgage financing brokered by Mortgage Miracles Happen, LLC. Equal Housing Lender.
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