The document discusses the VA IRRRL (Interest Rate Reduction Refinance Loan) offered by Oceanside Mortgage Company. The VA IRRRL allows veteran homeowners with a current VA loan to refinance and lower their interest rate without an appraisal, potentially saving hundreds on their monthly payment. Oceanside can pay closing costs and has an easy approval process. Veterans who have made on-time payments in the past 30 days likely qualify for the IRRRL to take advantage of lower rates.

1. Oceanside Mortgage Company
The VA IRRRL

2. What is a “VA IRRRL”
 IRRRL stands for Interest Rate
Reduction Refinance Loan
 The VA IRRRL is a special refinance
ONLY for Veterans
 Lower your payment with no appraisal.

3. IRRRL Benefits
 Immediate payment savings
 Option to shorten loan term
 Easy approval process
 We will alert you anytime
rates drop so you can take
advantage of the IRRRL
again!

4. What costs are involved?
 There is no application fee
 We can pay your closing costs for you
 A small VA fee is added to your loan*
*Amount will be reduced if you are a disabled Veteran.

5. Do I qualify?
 Do you currently have a VA
loan?
 Have you made your
mortgage payments within 30
days of the due date?
 Do you have a job?

6. Do I qualify?
 If you answered yes to all of the
questions, then you should qualify for the
IRRRL!

7. How much will I save?
 Your rate will be reduced
by at least 0.5%
 A loan specialist will
prepare a complementary
personal loan analysis with
your savings

8. Why Oceanside Mortgage?
 We have an A+ rating with the BBB
 We specialize in VA IRRRLs
 We can pay your closing costs

9. What do I do next?
 Contact an Oceanside loan specialist:
 Toll Free – 800-955-8965
 Online – www.oceansidemc.com

10. Oceanside Mortgage Company
 National Mortgage Licensing System
Lender #80015
 HUD Lender ID# 10090-00034
 Licensed/Registered Mortgage Company
in over 20 states
 All licenses can be verified at
www.nmlsconsumeraccess.org
This is not a loan commitment. Contact Oceanside Mortgage for full program details