VA IRRRL LOAN
The home loan you earned.
A VA IRRRL (Interest Rate Reduction Refinance Loan) helps eligible veterans and service members lower their mortgage rate with minimal paperwork, no appraisal in most cases, and faster approvals.
Down payment
Origination fee
PMI, ever
Your VA loan
Sample rate: 5.99%
Benefits you won't find anywhere else
Backed by the U.S. Department of Veterans Affairs, VA loans are built to make homeownership more affordable for those who served.
$0 down payment
Finance up to 100% of the home's value — no down payment required for most eligible buyers.
No PMI
Skip private mortgage insurance entirely — even with no down payment. That keeps your monthly payment lower.
Competitive rates
VA loans are government-backed, which often means lower rates than conventional financing.
Limited closing costs
The VA caps which costs you can be charged, and a seller can pitch in toward your closing costs.
No prepayment penalty
Pay extra or pay it off early whenever you want — there's never a penalty for getting ahead.
A reusable benefit
Your VA loan benefit isn't one-and-done — it can be restored and used again on future homes.
We go further for those who served
On top of every VA benefit, here's what Savvy adds — at no cost to you.
$0 origination fee
We waive our lender origination fee on every VA loan — one less cost standing between you and your home.
We front your appraisal
We pay for your appraisal upfront, on your behalf. You only reimburse us if your loan closes — so it costs nothing out of pocket to get started.
A dedicated VA team
Advisors who know VA loans cold — COE, funding fee, entitlement, the works — guiding you the whole way.
Eligibility, made clear
VA home loan eligibility is based on your service. Most of the following may be eligible — your Savvy advisor will help you confirm and request your Certificate of Eligibility.
What's a COE?
Your Certificate of Eligibility is the document that confirms to a lender that you qualify for a VA loan. Most borrowers can get one in minutes — and we'll help you request it at no cost.
Veterans
Who meet the VA's minimum service requirements.
Active-duty service members
Currently serving in any branch of the Armed Forces.
National Guard & Reserves
Many members qualify based on length of service.
Surviving spouses
Of service members who died in the line of duty or from a service-connected condition.
Your VA loan in four steps
We handle the VA paperwork so you can focus on finding the right home.
STEP 01
Confirm eligibility
Answer a few quick questions. Soft credit check only — no hard pull to get started.
STEP 02
Get your COE
We help you request your Certificate of Eligibility — usually in minutes, at no cost.
STEP 03
Get pre-approved
Your VA-savvy advisor prices your loan and prepares a pre-approval to shop with confidence.
STEP 04
Close on your home
Sign digitally and get your keys — with $0 down, $0 origination, and a team that knows VA loans cold.
$0
Down payment
$0
Origination fee
$0
Monthly PMI
21 days
Typical closing
I didn’t realize how much my VA benefit could do until Savvy walked me through it. $0 down, no origination fee, and they even covered my appraisal upfront. Keys in 19 days.
SSG Marcus T. · U.S. Army, Veteran · Tampa, FL
VA loan FAQs
Yes — for most eligible borrowers, a VA loan finances up to 100% of the home's value with no down payment and no monthly mortgage insurance. Your advisor will confirm the details for your situation.
Correct — Savvy waives its lender origination fee on VA loans. You'll still see an itemized breakdown of any third-party costs (title, recording, etc.) and the VA funding fee, but our origination fee is $0.
We pay for your appraisal on your behalf so there's no out-of-pocket cost to begin. If your loan closes, we simply recoup that cost at closing. If it doesn't close, you owe us nothing for it.
Most VA loans include a one-time VA funding fee that helps keep the program running. It can usually be rolled into your loan, and it's waived for Veterans receiving compensation for a service-connected disability (and certain others). Your advisor will tell you your exact fee.
Yes. The VA loan benefit can be restored and reused on future homes once your prior VA loan is paid off (and in some cases even while you still have one). Your advisor can review your remaining entitlement.
Most borrowers can obtain a COE in minutes. As part of getting started, your Savvy advisor will help you request it directly — at no cost to you.
Put the benefit you earned
to work.
Check your eligibility in minutes — soft credit check only, no SSN required to see your options.