VA IRRRL loans typically require less documentation than standard VA loans, making experienced IRRRL processing critical for a fast, efficient closing. The entire point of the streamline program is reduced documentation and a faster path to close, which means processing needs to move at the pace the product is designed for, not be treated like a standard refinance.
Hancock's processors handle IRRRLs as their own category, recognizing exactly which documents are actually required and avoiding requests that add time without adding value. Your dedicated processor still manages every step from disclosures to closing inside your existing systems, just without the extra friction a standard file requires.
What Our VA / IRRRL Processors Handle
The packages and pricing for streamlines reflect this: a lower-cost, faster-moving option built specifically for this loan type. A processor who treats an IRRRL like any other refinance is working against the product, and your clients feel that delay.