Refinance your home

In addition to home purchase loans, the VA backs refinance programs for qualified military and Veteran homeowners. If you’re looking to lower your monthly payments, cash in on your home equity, or shorten your loan term, a VA refinance might be a good option for you.

Your VA Refinance Options

VA Cash-Out

The Cash-Out option gives qualified homeowners the opportunity to refinance their existing VA or non-VA mortgage to access the equity in their homes through cashback.

  • Follow standard VA loan credit, appraisal, and underwriting processes.
  • No restrictions on what you can do with the cashback.
  • You can refinance a VA, USDA, FHA, or conventional loan.
  • Up to 100% financing*

VA Streamline IRRRL

The Streamline IRRRL (Interest Rate Reduction Refinance Loan) provides an efficient way to refinance one VA loan into another VA loan with a better interest rate.

  • VA-to-VA loan refinancing only.
  • No appraisal or credit underwriting required.
  • No cashback may be taken.
  • This option is sometimes used by homeowners who have an existing ARM (Adjustable Rate Mortgage).
  • Minimal documentation required.
  • No income qualification needed.

Other Refinance Options

An Aligned Mortgage loan expert can help you make a financial assessment and provide recommendations for your home refinance loan.