Kendall · VA purchase and IRRRL
Kendall VA Loans
VA purchase loans for Kendall homes and villas, and for Kendall veterans who already have one, a clear answer on whether a VA streamline refinance pays today.
We specialize in Kendall VA home loan programs.
Kendall’s family neighborhoods have long attracted veterans and military households, and many of them bought with VA loans in years when rates were higher than today’s. For them, the most valuable VA benefit right now may not be the zero-down purchase but the Interest Rate Reduction Refinance Loan, often called the IRRRL or VA streamline.
On Mortgage compares VA lenders for both purchases and refinances. See VA next to every other program on the Kendall mortgage rates page, or talk with a Kendall mortgage broker on our team.
Today’s Kendall VA Mortgage Rate
0.224 points
No points, no credit
0.250 points
0.064 points
0.112 points
Par rate per program for a single-family primary residence in Miami-Dade County, 20% down, 780+ credit, 30-day lock, escrows included. Rates change through the day and are not a commitment to lend. Price your own Kendall scenario, no credit pull.
Kendall VA Loan Benefits: Flexible, Affordable Home Financing
An IRRRL has to pass two tests. For a fixed-rate loan refinanced into another fixed rate, the new rate must be at least half a percentage point lower, and the costs of the refinance, excluding taxes, escrow and the funding fee, must be recovered through monthly savings within 36 months. Here is how a $380,000 Kendall balance fares at today’s VA rate:
| Current VA rate | Current payment* | New payment at 6.500% | Monthly savings | Rate drop of 0.5% or more? | Costs recouped in |
|---|---|---|---|---|---|
| 7.500% | $2,657 | $2,414 | $243 | Yes | 15 months |
| 7.125% | $2,560 | $2,414 | $146 | Yes | 24 months |
| 6.750% | $2,465 | $2,414 | $51 | No | 69 months (too long) |
| 6.375% | $2,371 | $2,414 | None | No | Not applicable |
*Payment on the same balance over 30 years to isolate the rate. New loan includes the 0.5% IRRRL funding fee ($1,900), which veterans receiving disability compensation do not pay. Closing costs of $3,500 are illustrative; a lender credit can cover some or all of them. Your loan must also be seasoned: at least six payments made and 210 days since the first payment.
If your rate is close to today’s, an IRRRL may not pay yet. We can watch rates for you and tell you when it does.
VA Loans in Kendall for First-Time and Veteran Homebuyers
For buyers, VA’s advantages in Kendall are the familiar ones: no down payment, no monthly mortgage insurance, competitive rates and a seller who can pay your closing costs and up to 4% in concessions. With homes selling in about six weeks, a full VA approval and an early VA appraisal order keep the deal on schedule.
Funding fees on a Kendall purchase at the median:
| $450,000 purchase | Loan before the fee | First VA loan | Later VA loans |
|---|---|---|---|
| No down payment | $450,000 | 2.15%: $9,675 | 3.30%: $14,850 |
| 5% to 9.99% down | $427,500 | 1.50%: $6,413 | 1.50%: $6,413 |
| 10% or more down | $405,000 | 1.25%: $5,063 | 1.25%: $5,063 |
| Receiving VA disability compensation | No funding fee | ||
Purchase funding fees; usually financed into the loan.
Kendall VA Home Loan Rates and Benefits
We help military families and veterans secure VA financing in West Kendall, Snapper Creek, The Hammocks and across the area, with zero down and no PMI. VA pricing varies by lender, especially in the credits offered at slightly higher rates, so comparing several can lower your closing costs as well as your rate. Today’s live 30-year VA par rate for the county appears in the panel above.
2026 VA Loan Limits in Kendall
Kendall is in Miami-Dade County, where the 2026 conforming limit is $832,750. That number is not a cap for veterans with full entitlement; they can borrow more with no down payment if they qualify. It only matters when another VA loan is still using part of your entitlement:
| Entitlement already in use | Remaining guaranty | Largest loan with no down payment | Down payment on $450,000 |
|---|---|---|---|
| None (full entitlement) | Full | No VA limit | $0 |
| $70,000 | $138,188 | $552,750 | $0 |
| $120,000 | $88,188 | $352,750 | $24,313 |
At the Kendall median. An IRRRL does not use additional entitlement because it replaces your existing VA loan.
VA-Approved Condos in Kendall
Kendall has many condo and villa communities with pools, gyms and nearby shopping, and VA can finance units in projects on VA’s approved list. Approval is building by building and separate from FHA’s, and many Kendall villas are legally condominiums even when they look like townhouses. We check the project’s status, including communities such as Horizons West and Spanish Trace, before you make an offer.
Compare VA Loan Rates in Kendall
Kendall’s median sale was about $450,000 in mid-2026. Whether you are buying at that price or refinancing a loan you already have, the spread between VA lenders is real money, and comparing them takes one application with us.
Why Choose On Mortgage for Your Kendall VA Loan
Full-service VA support, from COE submission to underwriting, for purchases and refinances.
IRRRL checks
We run both tests before you pay for anything.
Condo status
VA approval confirmed for Kendall communities.
Several lenders
Purchase and refinance pricing compared.
Frequently Asked Questions: VA Loans
What is a VA IRRRL?
The Interest Rate Reduction Refinance Loan replaces an existing VA loan with a new one at a lower rate, usually without an appraisal or full income documentation. Its funding fee is 0.5%, and veterans receiving disability compensation pay none.
When does an IRRRL make sense?
When the new rate is at least half a point lower on a fixed-to-fixed refinance and the monthly savings recover the costs within 36 months. The table above runs both tests at today’s rate.
Do I need to live in the home to do an IRRRL?
No. You must certify that you lived in it previously. Veterans who have moved and rented out a Kendall home can still use an IRRRL.
Is there a VA loan limit in Kendall?
For a veteran whose entitlement is untouched, no. Only an open VA loan elsewhere brings the county figure into the calculation.
Can I buy a Kendall villa with a VA loan?
Yes. If the villa is part of a condominium, the project must be VA approved; if it is fee simple, only the VA appraisal is needed.
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