Quantcast

Cornhusker State News

Wednesday, November 5, 2025

Average VA IRRRL loan amount in Nebraska declines from Q1 to Q2

Webp jtxg15zk2qt6vy5ucgh9spvd6tii

Christopher D. Syrek, Chief of Staff for Veterans Affairs | Official Website

Christopher D. Syrek, Chief of Staff for Veterans Affairs | Official Website

The average VA Interest Rate Reduction Refinance Loan (IRRRL) amount in Nebraska during the second quarter of fiscal year 2025 was $309,605, according to the Veterans Affairs Home Loans Index.

The average VA IRRRL amount in Nebraska for the first quarter of 2025 was $331,871, reflecting a decrease of approximately 6.7% from the previous quarter.

The VA assists service members, veterans and eligible surviving spouses to achieve homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.

Several VA housing programs can help eligible individuals buy, build, or repair their homes. These include Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are designed for veterans with service-connected disabilities.

The VA's fiscal year stretches from Oct. 1 to Sept. 30.

Information in this article was obtained from the Veterans Affairs Home Loans Index. The source data can be found here.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS