VA Refinancing

When you need money to consolidate high interest credit card debt, pay for college tuition, or make home improvements to your home, a VA Refinancing loan can be a solid way to get you the cash you need.

Veteran refinancing involves repayment of your current real estate debt from the proceeds of your new VA mortgage, with the same borrower(s) and the same property. This is called a "Cash Out" Refinance.

Cash-Out VA Refinancing is available for homes that are used as a principal residence by the owner. The veteran-owner can refinance up to 90% of the appraised value (not available in Texas) plus all closing costs if the property can withstand the designated loan to value ratio.

There is no minimum amount of time that you must own your home, yet your home must have sufficient equity to qualify for VA Refinancing.