IRRRL Streamline Refinance
A VA-to-VA streamline refinance with reduced documentation. Appraisal, credit, and income requirements are set by the lender and VA program rules.
Quick answer
An IRRRL replaces an existing VA loan with a new VA loan, usually to lower the rate or move from an adjustable to a fixed rate. It is only available if you already have a VA loan, and the new loan must meet VA net tangible benefit and seasoning rules.
Educational program overview. Whether Bolt Home Loans LLC can offer this loan to you depends on your state, eligibility, property, and underwriting approval. No rates or terms are quoted here.
The Interest Rate Reduction Refinance Loan (IRRRL) exists for one reason: to make lowering your rate as painless as possible for veterans who already have a VA loan.
Comparing VA IRRRL lenders: what actually varies.
The Interest Rate Reduction Refinance Loan — often shortened to VA IRRRL or "VA streamline" — follows the same VA rules everywhere: VA-to-VA only, net tangible benefit, and seasoning requirements. What varies between VA IRRRL lenders is the rate and fee combination you're quoted, whether an appraisal is required on your file, and how the lender documents income. VA does not set the interest rate; each lender does.
We do not publish teaser rates. The only honest comparison is a written quote for your specific loan — same day, same assumptions, lender fees itemized. How VA rates work → or read the IRRRL step-by-step guide →
Lower your rate and your utility bill at the same time.
A VA IRRRL can include the Energy Efficient Mortgage add-on. Finance solar, insulation, or a heat pump into the new loan subject to VA limits and lender approval. Any utility savings depend on the home and usage and are not guaranteed.
What you get
- Minimal documentation
- No appraisal required in most cases
- Roll closing costs into the loan
- Move to a fixed rate from an ARM
How it works
- 1Start a prequalification inquiry.No commitment. Real numbers. Submitting this inquiry does not authorize a credit pull.
- 2Get your COE.We pull it for you in most cases through the VA's system.
- 3Close with a dedicated loan officer.Timelines vary by file, property, and underwriting — your loan officer will give you a schedule specific to your transaction.