Article Title: How a VA Interest Rate Reduction Refinance Loan (IRRRL) works
Snippet of Article: "... A VA Interest Rate Reduction Refinance Loan (IRRRL) is a type of refinance for people who already have a mortgage backed by Veterans Affairs. You refinance from one VA mortgage into another. You'll refinance into a mortgage with different terms. You may snag a lower interest rate, change your term length, or switch from an adjustable-rate mortgage to a fixed-rate mortgage..."
Article Source: www.businessinsider.com
