| Refinancing with a VA Interest Rate Reduction Refinance Loan (IRRRL) takes six steps: confirm eligibility, pass the net tangible benefit test, verify your payment history, shop and lock a rate with multiple lenders, skip the appraisal in most cases, and close while paying a 0.5% funding fee. The VA sets the eligibility rules; individual lenders […] The post How to Refinance With a VA IRRRL: Step-by-Step Guide first appeared on Tomo Mortgage | Reports . |