The average VA Interest Rate Reduction Refinance Loan (IRRRL) amount in Kentucky during the first quarter of fiscal year 2025 was $298,015, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA IRRRL amount in Kentucky for the fourth quarter of 2025 was $298,564.
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.
