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VA Streamline Refinance

VA Streamline refinances in Oregon are also called an IRRRL (interest rate reduction refinance loan).  If the existing VA mortgage payments have been paid on time, there is no income qualification and no appraisal needed.  It is a great way for qualified veterans to lower the mortgage payments.  The streamline VA refinance can only be used to pay off the existing mortgage; you cannot take out additional funds.

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