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Refinance Your Mortgage in Florida and Texas

Reduce your payment, shorten your term, or tap into your home equity. TrueVet Mortgage offers VA, conventional, and FHA refinance options. Scott Carlin, NMLS# 2613509. Call 321-364-4461.

Person in a suit holding a small model house while using a calculator at a desk

Why Refinance Your Mortgage?

Refinancing replaces your current mortgage with a new one, typically to get better terms. Homeowners in Florida and Texas refinance for several reasons:

  • Reduce your monthly payment. Adjusting your loan term or terms can free up cash in your monthly budget and save you money over the life of the loan.
  • Switch from an adjustable rate to a fixed rate. If you have an adjustable rate mortgage (ARM) and want the stability of a fixed monthly payment, refinancing locks it in.
  • Shorten your loan term. Switching from a 30-year to a 15-year mortgage builds equity faster and reduces the total interest you pay, often with a surprisingly small increase in your monthly payment.
  • Access your home equity. A cash-out refinance lets you borrow against the equity you have built in your home and use the funds for home improvements, debt consolidation, education expenses, or other financial goals.
  • Eliminate monthly mortgage insurance. If you originally purchased with an FHA loan and now have 20% equity or more, refinancing into a conventional loan can remove your monthly mortgage insurance payment entirely.

Scott Carlin is a 20-year Air Force veteran, mortgage loan originator (NMLS# 2613509), and founder of TrueVet Mortgage. Whether you have a VA loan, conventional loan, or FHA loan, Scott can help you determine if refinancing makes sense for your situation. Call 321-364-4461.

Start Your Refinance Today

How It Works

Refinancing your mortgage with TrueVet Mortgage is simple and hassle-free. Follow these easy steps to secure better loan terms and maximize your savings.

Explore Your Options

Our experts will review your current mortgage and discuss refinancing solutions that align with your financial goals.

Get Pre-Approved

We’ll assess your eligibility and provide a fast pre-approval, giving you a clear understanding of your new loan terms.

Submit Your Application

Complete a simple online application and provide necessary documents to move forward with the refinancing process.

Lock in Your Rate

Once approved, we’ll secure the best available interest rate for your loan and finalize the details.

Close & Start Saving

After signing the final paperwork, your new mortgage terms take effect-helping you save money, lower your payments, or access cash from your home’s equity.

VA Loan Refinance Options

Veterans and active-duty service members with an existing VA loan have access to two powerful refinance programs:

  • VA Interest Rate Reduction Refinance Loan (IRRRL). Also known as the VA Streamline Refinance, the IRRRL uses minimal paperwork, no appraisal in most cases, and a faster closing timeline. Read our complete VA IRRRL Streamline Refinance guide for full details on eligibility, costs, and how it compares to a VA cash-out refinance.
  • VA Cash-Out Refinance. This option lets you refinance up to 100% of your home’s appraised value and take the difference in cash. You can use a VA cash-out refinance to access your equity for any purpose, or to refinance a non-VA loan (conventional or FHA) into a VA loan. This is a popular option for veterans who originally purchased with a conventional or FHA loan and want to take advantage of VA loan benefits like no monthly mortgage insurance.

Both VA refinance options are available to eligible veterans and service members in Florida and Texas. Scott Carlin can help you determine which option saves you the most money. Visit our VA Loan page for more details on VA loan benefits.

Start Your Refinance Today

Conventional and FHA Refinance Options

TrueVet Mortgage also offers refinance options for homeowners with conventional or FHA loans:

  • Conventional Rate-and-Term Refinance. Replace your current mortgage with a new conventional loan at a different rate or term. This is the most common type of refinance and works well for homeowners with good credit and at least 20% equity.
  • Conventional Cash-Out Refinance. Borrow against your home equity for renovations, debt consolidation, or other expenses. Most lenders allow you to borrow up to 80% of your home’s appraised value.
  • FHA Streamline Refinance. If you currently have an FHA loan, the FHA Streamline program lets you refinance with reduced documentation, no appraisal in most cases, and lower closing costs. The goal is to reduce your monthly payment or switch from an adjustable rate to a fixed rate.
  • FHA Cash-Out Refinance. Borrow up to 80% of your home’s value and take the difference in cash. This option is available to homeowners with an existing FHA loan.

Not sure which refinance program fits your situation? Scott can compare your options side by side and show you the numbers. Call 321-364-4461 or visit our Schedule a Call page.

Start Your Refinance Today
Man using a calculator with cash and a model house on a desk

How to Know If Refinancing Is Right for You

Refinancing is not always the right move. Here are some questions to help you decide:

  • Will you save money? A common rule of thumb is that refinancing makes sense if you can lower your rate by at least 0.5% to 0.75%. Scott can run the numbers for your specific loan to show exactly how much you would save per month and over the life of the loan.
  • How long will you stay in the home? Refinancing has closing costs, typically 1% to 3% of the loan amount. If you plan to sell within a year or two, the savings may not outweigh the costs. Scott can calculate your break-even point, the number of months it takes for your monthly savings to cover the closing costs.
  • Do you have enough equity? For conventional refinances, most lenders require at least 20% equity to avoid monthly mortgage insurance. VA refinances have more flexible equity requirements, and VA IRRRLs often require no appraisal at all.
  • Has your credit improved since your original purchase? If your credit score has gone up significantly, you may qualify for terms that make a refinance well worth it.

Scott Carlin takes a straightforward approach to refinancing. If the numbers work in your favor, he will tell you. If they do not, he will tell you that too. Call 321-364-4461 for a free refinance analysis.

Start Your Refinance Today

Frequently Asked Questions About Mortgage Refinancing

How much does it cost to refinance a mortgage?
Refinance closing costs typically range from 1% to 3% of the loan amount. Some programs, like the VA IRRRL, allow you to roll closing costs into the new loan so you pay nothing out of pocket.

How long does a refinance take to close?
Most refinances close in 21 to 30 days. VA Streamline refinances (IRRRLs) can sometimes close faster due to reduced documentation requirements.

Can I refinance from an FHA loan to a VA loan?
Yes. If you are a veteran or active-duty service member currently in an FHA loan, you can use a VA cash-out refinance to switch to a VA loan. This eliminates your FHA monthly mortgage insurance.

Can I refinance from a conventional loan to a VA loan?
Yes. A VA cash-out refinance can replace any existing mortgage, whether conventional, FHA, or even a second VA loan, with a new VA loan. This is a popular option for veterans who want to take advantage of no monthly mortgage insurance.

What is the difference between a rate-and-term refinance and a cash-out refinance?
A rate-and-term refinance changes your interest rate, loan term, or both without taking any cash out. A cash-out refinance lets you borrow more than your current balance and receive the difference in cash.

Do I need an appraisal to refinance?
It depends on the program. VA IRRRLs and FHA Streamline refinances usually do not require an appraisal. Conventional refinances and cash-out refinances generally do require one.

Can I refinance if I owe more than my home is worth?
This is called being “underwater” and limits your options. However, the VA IRRRL program does not have a loan-to-value requirement in most cases, so you may still be able to refinance a VA loan even if your home value has dropped. Call Scott at 321-364-4461 to discuss your situation.

Start Your Refinance Today

Looking to refinance your existing VA loan? Learn how the VA IRRRL streamline refinance can lower your rate with no appraisal in our VA IRRRL guide.

If you are 62 or older, a reverse mortgage may be another option to eliminate your monthly mortgage payment entirely. Learn more about reverse mortgages.

Ready to See If Refinancing Makes Sense? Call Scott Carlin at 321-364-4461 or visit our Schedule a Call page for a free refinance analysis. Scott will run the numbers and give you a straight answer. No pressure, no sales pitch.

Refinance

Our mortgage specialists are dedicated to finding the perfect loan solution tailored to your financial needs.

Whether you want to save money, reduce your loan term, or access home equity, we’re here to help.

Complete the form below to start your loan application today.