VA Cash Out Loan
What is a VA Cash Out Loan?
Our Veterans have given so much for our country and we are happy to give back. As a way of saying thank you for diligent service in the military, Veterans Affairs has established the VA Mortgage to make home ownership easier and more affordable for our nation’s veterans. With the guarantee of the VA our Veteran’s have access to more affordable mortgages with easier qualifying requirements through a VA Mortgage.
Benefits of a VA Cash Out Refinance
- VA Cash out loans guarantee up to 100% of the value of your home
- A Cash out loan for VA has some of the lowest interest rates available for mortgages
- No Morgage Insurance required
- Reduced credit history and credit score requirements
- Like other VA loans, the VA Funding Fee is waved for Veterans with more than a 10% disability rating