What is the VA IRRRL Program?
Enjoy the potential for a more efficient closing process when you refinance your VA mortgage loan through the Veterans Affairs Interest Rate Reduction Refinance Loan (VA IRRRL) program.
Have a VA-insured mortgage? You may qualify to refinance.
The Veterans Affairs Interest Rate Reduction Refinance Loan (VA IRRRL) program was created to help timely paying borrowers refinance their existing VA-insured mortgages to lower their monthly principal and interest payment.
An existing VA-insured mortgage is required to take advantage of the VA IRRRL program. You may be eligible even if you owe more than your home is worth.
Speak to an M&T Mortgage Loan Officer (Monday-Friday 8:30am-9:00pm ET and Saturday 10:00am-2:00pm ET) to learn more about the benefits of refinancing your VA mortgage and how you may qualify.