Informational graphic about VA Cash Out loans, stating maximum loan-to-value (LTV) is 100%, no minimum credit score required, eligible property types include single family, condo, townhouses, multi-family, and manufactured homes. Loan terms are 15 or 30 years. Highlights competitive rates for eligible veterans.

Helping Our Nations Veterans

Key Loan Details (Purchase)

  • Cash Out Up to 100% of Your Home Value: Eligible veterans can refinance their existing mortgages, borrowing up to 100% of their home's appraised value.

  • Competitive Interest Rates: VA cash-out refinance loans come with highly competitive interest rates compared to other refinancing options, lowering monthly payments and saving money over the life of the loan.

  • Use Cash for Any Purpose: The cash obtained through refinancing can be used for any purpose, from consolidating debt to home improvements or whatever else you want.

  • No Monthly Mortgage Insurance Required: Like any VA loan, the cash-out refinance does not require monthly mortgage insurance.

References