Refinancing with a VA loan will allow you to take cash out up to 90% of the value of the home. This money can be used towards debt consolidation, home improvement, or whatever else you choose.

BENEFITS OF A CASH-OUT VA REFINANCE

• With a VA refinance, you can take cash out up to 90% of the value of your home.
• VA Online Services can determine how much money you would qualify for and provide information about interest rates and monthly payments.
• Monthly mortgage insurance is not required, which will save money each month.
• The maximum loan amount has been increased to $417,000; however, a loan greater than $240,000 requires greater home equity.

Income and credit history requirements must be met to qualify for debt consolidation or a cash-out VA loan. Use the link below to see if you qualify.

Pre-qualify for a VA Refinance