VA Home Loans & IRRRL

Streamline Mortgage provides veterans, active service members, and their families with VA home loans and interest rate reduction refinance loans in Reno and Las Vegas. Many benefits come with VA loans, and it is important to consider them all when searching for a mortgage. We are proud to be an approved VA mortgage lender so that we can deliver these benefits to the men and women who serve our country.

  • Perhaps the greatest benefit of a VA home loans in Las Vegas is that there is no requirement for eligible homebuyers to make a down payment. Typically, homebuyers must make a down payment of at least 5% of the total loan—even FHA loans require at least 3.5%.
  • Veteran home loans do not include any monthly mortgage insurance premiums or private mortgage insurance payments.
  • Imposed limitations on closing costs.
  • It is possible to do 100% financing based off the purchase price and a refinance.
  • Out of every type of loan, VA loans have lower average interest rates than all others.
  • VA homebuyers can pay off loans early with no financial or prepayment penalties.
  • Even if veterans already used their loan benefits, they can buy homes again with financial backing from the VA using remaining or restored loan entitlements. A VA loan specialist in Las Vegas can help veterans avail themselves of these benefits.
  • VA loans in Nevada are assumable mortgages, which means that you may have a third-party take over the loan. This can be helpful in a rising interest rate environment.
  • The VA has staff members who will advocate on behalf of veteran homeowners to find alternatives to foreclosure.

Streamline Mortgage also offers interest rate reduction refinance loans, also called VA streamlined refinance loans. IRRRL lenders can provide veterans an alternative if they wish to obtain a lower interest rate on their existing VA loan. If you have any questions regarding what the VA mortgage lenders at Streamline Mortgage can do for you, please contact us. We look forward to hearing from you!

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