You could save an average $3,000/yr when you refinance*.
You could save an average $3,000/yr when you refinance*.
Also known as the VA Interest Rate Reduction Refinance Loan (IRRRL), the VA Streamline REFI can save you money on your monthly payments. And at NewDay USA, we make the process fast, simple, and affordable.
• Lower your monthly payments
• Can close in 30 days or less§
• No appraisal, no income verification‡
• No out-of-pocket costs§§
• No Private Mortgage Insurance
Also known as the VA Interest Rate Reduction Refinance Loan (IRRRL), the VA Streamline REFI can save you money on your monthly payments. And at NewDay USA, we make the process fast, simple, and affordable.
• Lower your monthly payments
• Can close in 30 days or less§
• No appraisal, no income verification‡
• No out-of-pocket costs§§
• No Private Mortgage Insurance
* NewDay Streamline customers save on average $2,957 per year.
§ Time to close starts from receiving customers signed Intent to Proceed, and requires 209+ days from first payment made on existing mortgage.
§§ All costs and fees can be financed in the new loan, resulting in a higher loan amount.
‡ Income verification may be required in the following states: CO, IL, ME, SC. Approval requires you to affirm the ability to repay
If you have a current VA Loan in good standing, you may be eligible for the VA Streamline Refi.
- Active duty service member
- Veteran with honorable discharge
- Reservist/National Guard with honorable discharge and sufficient time served
- Surviving spouse of an eligible deceased Veteran
- Spouse of a MIA/POW service member
If you have a current VA Loan in good standing, you may be eligible for the VA Streamline Refi.
- Active duty service member
- Veteran with honorable discharge
- Reservist/National Guard with honorable discharge and sufficient time served
- Surviving spouse of an eligible deceased Veteran
- Spouse of a MIA/POW service member
2. Submit Documentation
Recent home records, retirement, and eligibility documents.
3. Processing & Underwriting
Our team will get your loan approved and set your closing date.
4. Get Cleared to Close
We send a closing agent to you who helps finalize your loan.
2. Submit Documentation
Recent home records, retirement, and eligibility documents.
3. Processing & Underwriting
Our team will get your loan approved and set your closing date.
4. Get Cleared to Close
We send a closing agent to you who helps finalize your loan.
Do you need a lower monthly payment and cash out? Consider the NewDay USA 100 VA Cash Out Loan.
Do you need a lower monthly payment and cash out? Consider the NewDay USA 100 VA Cash Out Loan.