VA Loan / VA Streamline


The VA Loan became known in 1944 through the original Servicemen’s Readjustment Act also known as the GI Bill of Rights. The GI Bill was signed into law by President Franklin D. Roosevelt and provided veterans with a federally guaranteed home with no down payment. This feature was designed to provide housing and assistance for veterans and their families, and the dream of home ownership became a reality for millions of veterans. The GI Bill contributed more than any other program in history to the welfare of veterans and their families, and to the growth of the nation’s economy.


100% financing

No mortgage insurance

Reduced fees for buyer

You may be eligible if any one of the following are true:

Served 181 days during peacetime (Active Duty)

Served 90 days during war time (Active Duty)

Served 6 years in the Reserves or National Guard

You are the spouse of a service member who died in the line of duty


VA Streamline Refinance


One of the many benefits associated with a VA home loan is the ability to take advantage of the market when better rates become available. It is intended to reward responsible homeowners and offer lower interest rates and monthly payments with little to no cost to do so and minimal paperwork to process. There are no limits to the amount of times a VA homeowner can use this option to find payment relief when available but the homeowner must benefit by a minimum of a 5% reduction in overall payment or change in term (ie. Adjustable to Fixed or 15 year to 30 year). The mindset behind the VA Streamline Refinance is simple. If you can afford your home now, you can certainly afford your home when your payment is lower.



Below are the general guidelines to determine eligibility for a VA Streamline Refinance:

You must currently have an VA loan on your property

You must have a credit score of 620 or higher

No missed mortgage payments within the last 12 months

Have a minimum of 6 payments made on existing loan

It is that simple!


If you are a current VA homeowner and want to see if the opportunity to reduce your payment for free is available or if you are interested in applying for an VA loan to purchase yourself a home please feel free to contact us at (909) 457-0257 or apply online now.