Mortgages

VA Streamline Refinance

VA Streamline Refinance

IRRRL (Interest Rate Reduction Refinance Loan)

A VA IRRRL streamline mortgage refinancing is reserved for veterans whose existing mortgage is insured by the U.S. Department of Veterans Affairs (VA).

The entire loan refinancing process is “streamlined” – making it easier to get approved, easier to close and less expensive than other home mortgage loans.

The VA Streamline Advantage

Meridian is proud to take it a step further by covering the up-front cost of the appraisal if one is needed. Thank you for your Service!

Who’s Eligible?

  • Veterans whose existing mortgage is insured by the VA
  • Must be current on their existing VA Mortgage
  • New rate must be lower than existing rate unless existing loan is an Adjustable Rate Mortgage (ARM)
  • New payment must be less than existing payment unless existing loan is an ARM or the new loan has a shorter term
  • Primary mortgage refinancing only/No cash out

Unsure if you have a VA mortgage? Call us today to find out.



“The whole process was pretty effortless for me and I appreciate that.”


Why Now?

  • Fixed rates have never been lower
  • With this program, refinancing home loans has never been easier
  • Lock in now for the lowest payment
  • Homeowners can save hundreds per month
  • Not every home mortgage company offers this program
  • Apply today

VA County Loan Limits

VA Loan Limits

The Department of Veterans Affairs (VA) establishes annual limits for VA loan amounts based on your geographic area. Select your state from the list below to view the loan limits for your specific county. The 2011 limit for all counties not listed below is $417,000.