Current IRRRL Rates Today
Looking for the most current IRRRL rates today? You have found the right place – here are several lenders who can help you and what their advertised rates are for your area. Keep in mind that rates change often and each lender will have different rate overlays (things that make your rate go up or down) so the best thing you can do is speak with multiple lenders about your situation. When shopping rates, be sure that you know rates go up and down all the time – it is not uncommon for mortgage rates to change multiple times per day even.
When shopping rates – remember: most lenders will actually have a different rate when you lock your loan vs. when you are just inquiring what today’s rate is. Today’s rate will most likely NOT be the rate you end up getting – what you actually get could be higher or lower depending on what rates have done since you have applied. The first step is to apply with a loan officer, make sure you can qualify (this can take an hour or days depending on how fast you get them what they need) and THEN you can lock your loan and get the best IRRRL rate possible.
Here is a good idea of what today’s IRRRL rates are at just a couple of VA approved lenders who can help you with your IRRRL refinance.
Get The Best Deal
The easiest way to get the best deal when it comes to IRRRL rates is to get multiple written quotes from multiple VA approved lenders. Each lender will have their own rates and fees – and you might be surprised at how much you can save just by shopping around a little bit. Also, the rate you are quoted can change until you have your rate locked – so don’t be surprised if you are quoted on IRRRL rate and end up with a different IRRRL rate when you lock your loan.