If you want get cash out of your home, a VA cash-out refinance is an excellent option.

Benefits & Features

Some of the benefits of a cash-out refinance include:

  • Take up to 100% of the home’s value as cash-out
  • Lowest interest rates – VA loans typically carry an interest rate of 0.25-0.5% lower than conventional mortgage rates.
  • No monthly mortgage insurance required
  • Consolidate debt
  • Use your cash to pay off any debt and save potentially hundreds of dollars per month.
  • Use your cash for any home improvements you might want, such as updating the kitchen, finishing the basement, etc.

Process

If you are interested in refinancing your home, then call us today. The process of obtaining a VA cash-out refinance includes the following simple steps:

  1. Qualification:We will help you determine that a VA cash-out refinance is right for you and that you qualify.
  2. Documents:We will help you gather the documents the VA requires.
  3. Process:We will verify all the numbers associated with the refinance and submit your package to a VA loan underwriter for final approval.
  4. Closing:You sign your final closing documents and the process is complete.

If you want to learn more about the benefits and steps of obtaining a VA cash-out refinance, then call us today or click on the “Get Started” button below. We will be happy to answer your questions and assist you every step of the way to make receiving cash-out with a VA refinance a simple process.

Look what some of our other veterans were able to do:

Real Examples of what we have saved our borrowers:

John L – Ogden, UT
Reduced rate and payment, got over $28,000 in cash out

Loan ComparisonOld LoanNew LoanDifference
Rate3.500%2.380%1.120%
Cash Out$0.00$28,400$28,400
Mortgage Payment$958.00$900.00$58.00
Douglas T – Lake Charles, LA
Reduced rate, got over $31,000 in cash out and paid off debts saving almost $800 in payments a month

Loan ComparisonOld LoanNew LoanDifference
Debt Payment$2,070$1,272$798.00
Rate3.500%2.250%1.250%
Cash Out$0.00$31,250$31,250
Lynn K – Salt Lake City, UT
Paid off debts, saving over $1800 in payments a month, got over $68,800 in cash out and lowered rate

Loan ComparisonOld LoanNew LoanDifference
Debt Payment$3,281$1,481$1,800
Rate5.000%3.370%1.630%
Cash Out$0.00$68,800$68,800