Get a New-and-Improved VA Loan Through an Interest Rate Reduction Refinance Loan

Veterans, active duty military, and retired military personnel can refinance a VA loan to reduce their interest or convert an adjustable-rate VA loan into a fixed-rate loan with an Interest Rate Reduction Refinance Loan (IRRRL). A new Certificate of Eligibility is not required to apply for a VA IRRRL, and no appraisal is generally required and there is limited credit underwriting.

What can I achieve with a VA IRRRL?

  • Reduce your VA loan interest rate
  • Switch from an adjustable rate to a fixed rate
  • Possibility to refinance with no out of pocket expenses
  • Possibility to refinance without an appraisal and with limited credit underwriting

What are the eligibility requirements for a VA IRRRL?*

  • Existing VA loan holders, i.e. military personnel, Veterans, or National Guard and Reserve Veterans
  • A VA IRRRL can only be used to refinance a property on which you have already used your VA Loan eligibility.
  • Proceeds from an IRRRL can only be paid to an existing VA loan. If you have a second mortgage on your home, it must be eligible to remain a second mortgage to your new VA loan.

Enhance your VA IRRRL with Heroes First

HeroesFirstFinalLogo_alone-1At Apex Home Loans, we believe that those who keep our community safe, healthy, and moving forward deserve appreciation.That's why we created Heroes First, a financing discount program that provides...
  • $500 maximum towards closing costs per loan on purchase or refinances.
  • Heroes First is available with any loan program we offer, including those with down payments as low as 0%.
  • Benefit from a dedicated mortgage expert to act as your in-process guide and go-to adviser throughout the entire life of your loan.


Think this is the loan for you? Complete the form to find out more.


Disclaimer: *Other requirements apply. Please visit for a complete accounting. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Equal Housing Lender.

Get Started with a VA IRRRL!

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