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VA IRRRL SUBMISSION CHECKLIST Intent to Proceed (must be UWM Intent to Proceed, either wet signed or eSigned) Uniform Residential Loan Application 1003 (must be dated within 30 days of submission.

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To qualify for a VA Streamline, you must have a VA loan to begin with. You'll need to be in good standing with your lender, current on your mortgage payments and be able to prove that the refinance will lower your interest rate. Some borrowers may not be able to meet these requirements.

What is needed: You currently have a VA Loan. Certificate of Eligibility. Your existing VA loan is at least 6-months old....What is not needed: No Paystubs. No W2′ or tax returns. No bank statements. No Appraisal is required.

Although VA does not require any credit/income documentation or re-underwriting of IRRRLs when there has been a change in obligors, lenders may want to consider the following: Check mortgage payment record in lieu of obtaining a full credit report, unless required by investor.

Veterans discharged from service would need a DD-214, active-duty personnel must provide a Statement of Service - typically obtained from their commanding officer - and National Guard/Reservists would need their points statement. But lenders can often get your COE with some basic information alone.

Who qualifies for a VA IRRRL? To qualify for a VA IRRRL, you must have a current VA loan that's been open for at least 7 months (210 days). You must also be current on your mortgage payments, and the new loan must have a clear financial benefit.

A VA streamline refinance is an option for some homeowners who already have a mortgage backed by the VA. It can be used to lower monthly payments, reduce your interest rate or switch from an adjustable-rate mortgage to a fixed-rate loan.

If you use the VA cash-out refinance, be prepared to show: Income documents (pay stubs and/or W2s) Bank statements. Potentially, tax returns. A credit report and credit score. A new home appraisal. Your current mortgage balance.

To report an IRRRL, submit the following documents to VA in the order listed. Lender's cover or transmittal letter (if used). VA Form 26-0286, VA Loan Summary Sheet. Funding fee receipt.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232