By David Shelton, CENTURY 21 Advantage | Featuring Jenny Butorac, 21st Century Lending

For our veterans, service never stops—and neither should the opportunity to save.

If you have an existing VA loan, the VA IRRRL (Interest Rate Reduction Refinance Loan)—pronounced “Earl”—offers a simple, fast, and affordable way to lower your interest rate and monthly payment.

What Is the VA IRRRL?

The VA IRRRL is a streamlined refinance option created exclusively for eligible veterans and active-duty service members who already have a VA mortgage.

It’s designed for speed and simplicity, often closing in under 20 days.

Key Highlights

• ✅ No new appraisal required

• ✅ No income or asset re-verification

• ✅ Closing costs can be rolled into the loan

• ✅ Minimal paperwork

• ✅ Often no money out-of-pocket

When It Makes Sense

If your current VA rate is in the high-6s to low-7s, and market rates are trending in the mid- to high-5s, refinancing through the IRRRL could cut your payment quickly—sometimes saving hundreds per month.

Typical benefit window: when you can lower your rate by ½ to 1 percentage point or more.

Why Veterans Love the IRRRL

As Jenny Butorac, a loan officer and proud military spouse, explained:

“It’s one of our easiest and fastest tools for helping veterans save money—no appraisal, no big cost, and you can usually close in less than 20 days.”

That means more time to focus on life—and less time waiting on paperwork.

Ready to Learn More?

Let’s find out how much you could save with today’s rates.

Contact:
📞 Jenny Butorac, 21st Century Lending — (605) 250-6867 | JennyB@21stcenturylending.com
🏡 David Shelton, CENTURY 21 Advantage — (605) 906-8976 | david.shelton@c21adv.com