Veterans, Refinance Smarter and Save More — Let’s Get Started!
Lower your VA loan payments today - Find out how much you can save in less than 30 seconds!
How Changing Interest Rates Could Benefit Veteran Homeowners
Owning a home in Florida has become increasingly difficult. Rising property taxes and insurance premiums are stretching budgets thin, leaving many homeowners, especially veterans, feeling the pressure. Veterans, who have served our country, deserve financial stability and peace of mind when it comes to their homes.
Fortunately, there’s good news: leveraging tools like VA refinance home loans, alongside the evolving VA refinance rates in 2025, could offer significant financial relief. By taking advantage of strategies such as the VA streamline refinance (VA IRRRL) program, veteran homeowners could save thousands on their mortgage and secure a better financial future.
The Hidden Cost of Your First Mortgage
Did you know that the lender you choose can significantly impact your long-term savings? A 2024 study by the Polygon Research Group revealed that veterans who secured their mortgage through brokers saved up to $13,432 compared to those who used non-bank retail lenders. These savings could be reinvested into your home, your family, or your future.
I’ve experienced this transformation firsthand. Since transitioning into becoming a mortgage broker myself in April 2024, I’ve helped clients unlock better options with VA refinance home loans and the VA IRRRL program, designed specifically to lower monthly payments and streamline the refinancing process.
Overcoming the Challenges of Today’s Market
As a mortgage broker specializing in VA loans, I understand the struggles you may face:
High monthly payments: Your original loan terms may no longer serve your financial goals, especially as costs continue to rise.
Navigating VA refinance rates for the present and in 2025: Understanding market trends and securing the best rates can be overwhelming without expert guidance.
Complex refinancing options: Programs like the VA streamline refinance (VA IRRRL) may seem complicated, but they offer a simplified path to lower rates and payments.
The Good News: You Have Tailored VA Refinance Options
One of the greatest advantages of working with a mortgage broker is that I work for you. My mission is to help veteran homeowners access VA refinance home loans that fit their unique needs. By utilizing tools like VA IRRRL and keeping a close eye on VA refinance rates in 2025, I help clients secure lower rates, reduce their monthly payments, and save money for what matters most.
From streamlining the VA refinance process to expertly navigating how interest rate changes impact VA loan options, I’m committed to helping you achieve financial solutions that seamlessly align with your goals.
Cut down on your monthly mortgage payments and free up your finances. With an IRRRL, you can potentially save thousands annually, helping you achieve your financial goals faster.
Save Big Every Month!
I know nothing is easy these days, but the IRRL process is! Especially when you’re working with a team with experience in VA mortgage lending such as The Todd Hanley Mortgage Team.
Streamlined Process!
Guaranteed To Not Waste Your Time!
In my career I have advised more homeowners to not refinance versus moving forward with a loan that truly doesn’t benefit them. You can count on me to provide you with the same objectivity when it comes to your scenario, too.
What People Are Saying…..
"Todd is a consummate professional that guided and advocated for me, an active duty military member, through my first home-purchasing experience. I asked Todd many questions throughout the process. He is extremely knowledgeable, patient, and timely with his actions, including matching very competitive loan offers from other lenders. As someone who has recently moved to the area, it can be hard to find people who are quality people and professionals; Todd meets and exceeds both of these standards. I fully recommended Todd Hanley to the military and civilian communities who are looking for his services throughout the homebuying process."
— Kody K
"Todd has earned my highest recommendation. He has helped me close on two houses and sell one house. Working with Todd is a pleasure, with his patience, expertise and guidance he makes you feel like family and to be comfortable with these big milestones. He truly cares and is passionate about what he does and it shows throughout the entire process. I would choose Todd Hanley every time for anything home buying related. He’s the best, why try the rest!"
— Leran R
"Todd is the best! Took what seemed like a very complicated and nearly impossible ask and turned it into 2 very happy parents moving into their new condo. Very attentive and leaves no stone unturned when trying to fit you with exactly what you need. Will work together again soon. Strongly recommend."
— Jason Z
Calculate Your Savings Here
VA Loan Savings Calculator
VA IRRRL Rates
| FICO | RATE 30Yr Fix. | APR | Discount Points |
|---|---|---|---|
| 720+ | 6.125% | 6.495% | -0.54% |
Scenario:
| $300K: Loan Amount | Monthly | Annually |
|---|---|---|
| P+I @ 7.125% | $2,021 | $24,252 |
| P+I @ 6.125% | $1,823 | $21,876 |
| Savings | $198 | $2,376 |
30-Year Fixed VA IRRRL Rate: 6.25% | APR: 6.547% assumes a credit score of 720 and includes -0.064% discount points. Pricing from 12/31/2024. Monthly principal and interest payment of $1,823. Taxes and insurance are not included; your monthly payment may be higher. This program is available to eligible VA borrowers only. Equal Housing Lender. Not affiliated with the Department of Veterans Affairs. Mortgage rates change daily, sometimes multiple times a day. It’s best to reach out directly for precise terms based on your particular scenario.
VA IRRL Explained
FAQ: VA Interest Rate Reduction Refinance Loan (IRRRL)
What is a VA IRRRL?
The VA IRRRL, often called a "Streamline Refinance," is a program designed to help veterans refinance an existing VA loan to a lower interest rate or switch from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage.
What are the eligibility requirements for a VA IRRRL?
You must have an existing VA loan.
The new loan must lower your monthly interest rate or provide stability by converting an ARM to a fixed rate.
You must certify that you have previously occupied the home as your primary residence.
Is a credit check required for a VA IRRRL?
Income verification are typically not required, but lenders still run a mortgage only credit report.
What fees are associated with a VA IRRRL?
A funding fee of 0.5% of the loan amount applies unless exempt due to a service-connected disability. Other closing costs can often be rolled into the loan.
Can I get cash out with a VA IRRRL?
No, the IRRRL program does not allow cash-out refinancing. It is solely for reducing the interest rate or changing the loan terms.
Do I need an appraisal for a VA IRRRL?
Generally, an appraisal is not required, but lenders may request one based on their guidelines.
How does the VA IRRRL benefit me?
Benefits include lower monthly payments, potentially reduced overall interest paid, and a simplified process compared to other refinancing options.
Can I add a co-borrower to my VA IRRRL?
No new borrowers can be added to the IRRRL unless they were on the original loan. Spouses may remain on the loan if the veteran has passed away.
For a VA Interest Rate Reduction Refinance Loan (IRRRL), a termite inspection is generally not required, as the IRRRL program typically does not involve an appraisal or full property inspection. The purpose of an IRRRL is to streamline the refinance process, focusing on reducing the interest rate or modifying loan terms without significant property underwriting requirements.
Exceptions:
Lender Discretion: While the VA does not explicitly require a termite inspection for an IRRRL, individual lenders might have their own guidelines and could request one if they deem it necessary If the property is located in a high-risk termite area.
When it comes to securing a VA mortgage, you deserve nothing less than the absolute best—and that's exactly why you should consult with Todd Hanley for your needs. With over 16 years of experience as a Senior Loan Officer, Todd brings unmatched expertise to the table. Being recently featured in The Wall Street Journal, what truly sets him apart is his holistic understanding of the real estate and financial landscape affecting homeowners like you.
- Active Real Estate License: Todd holds an active real estate license mainly to gain access to information and data that makes me more effective at as a mortgage broker.
- Todd is designated a Certified Mortgage Advisor which is a mortgage industry professional who has been extensively trained in all aspects of mortgage backed securities, treasuries, and bonds and is an expert advisor who helps consumers understand how to use mortgage debt to build sustainable, lifelong wealth.
By choosing Todd Hanley, you're not just getting a loan officer; you're partnering with a seasoned professional who has equipped himself with the knowledge and skills to provide the most effective and personalized solutions for your mortgage needs. His unique blend of qualifications ensures that every aspect of your journey is handled with the utmost care, expertise, and integrity.
Don't settle for ordinary when you can have extraordinary. Contact Todd Hanley today for peace of mind for your VA mortgage needs.
- Phone - 954-806-5114
-Todd.Hanley@uniteddirectlending.com
