Your Easiest Path to Lower Monthly Payments
The VA Interest Rate Reduction Refinance Loan (IRRRL) is designed to help Veterans and service members lower their mortgage rate and monthly payment — with less paperwork, no appraisal in most cases, and a simple process.
- No appraisal required in most cases
- Minimal documentation - much less than a standard refinance.
- Fast and easy process compared to traditional loans
- Lower your interest rate and pay a lower monthly payment
How a VA IRRRL Works
The VA IRRRL, also known as a VA Streamline Refinance, makes it easy for eligible Veterans and service members to refinance an existing VA loan. With a simpler process than a traditional refinance, you can lock in today’s rates, reduce your payment, and keep your VA loan benefits intact.
Key Benefits:
- Quick and simple process designed for VA homeowners.
- No home appraisal required in most cases.
- Lower your interest rate and monthly payment with minimal effort.
- Closing costs can often be rolled into your loan to avoid upfront expenses.
- Keep your VA loan entitlement and protections — including no monthly mortgage insurance.
Let’s get started today. See how much you can save.
Testimonials
"Brian and his team did a great job for my loan. I appreciate all the work and effort that they put into my loan. I would work with Brian and his team in the future."
JimSan Diego, CA 
"Moses was diligent, thorough and thoughtful while we worked together to find the best refi possible. From initial conversation to close, we were well under 30 days. He and the team were highly communicative and would recommend him to family and friends."
MJScottsdale, AZ
I’m not gonna lie, I loan shop. Kevin won, period. He offered the best rate and APR (very affordable loan cost). Kevin was courteous and assuring. Would highly recommend Watermark/Kevin.
AndreaValley, WA
"Martin was extremely professional and I appreciate how quickly he replied to emails. He met and exceeded my expectations. Watermark was a great company to works with, the entire team."
MoebGold Beach, OR
"Highly responsive and patient. Explained the entire process up front and no surprises at the end. I was a bit nervous about the entire online process in the beginning but James eased my mind by keeping in touch and answering my many questions. Highly recommend!"
Anna MarieTampa, FL
