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The equity you've earned may help
accomplish your goals

If you have a goal in mind, we’ll help you explore your options
and make the most of your benefits.

HOW CAN I USE CASH OUT?

Paying off credit cards is a very common reason for refinancing. But there are other helpful ways to use the VA cash out refinance program.

WHAT ARE THE CASH OUT LIMITS?

Your home’s value, and other factors, determine how much cash you can get.

HISTORIC LOW RATES ARE
IDEAL FOR CASH OUT

Financing equity in your home when rates are low can be a very cost-effective way to gain access to cash.

Six Common Reasons for Cash Out
Six Common Reasons for Cash Out
A well-thought-out plan or sudden emergency can both warrant some extra cash. If you have equity in your home, you may be able to use it to take care of important expenses like these.

  • Pay off credit cards
  • Start a business
  • Finance a new kitchen (home improvement)
  • Send your child to college
  • Fund a major purchase
  • Pay for life’s emergencies

What Determines Cash Out Limits?
What Determines Cash Out Limits?

  • Home's appraised value
  • Available VA entitlement
  • Ability to qualify

Up to 100% of a home’s value up to $417,000 can be refinanced for a VA cash out loan. Some areas have even higher limits. An experienced loan officer can help you understand the options and benefits that may be available to you.

GET A FREE QUOTE
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GET A FREE QUOTE
The best way to find out how much cash you may be able to get is to talk to a loan officer. It helps to be informed, and there's no obligation to exploring your options.
All That and a New Fishing Boat
All That and a New Fishing Boat
Ron Hutchins didn’t think he had enough equity in his home to pay off his debts. Then he called us. To his surprise, he had enough―and then some.

Is it possible to reduce your overall monthly payments and get a new toy? Listen to this Army Veteran’s story.
Can I Get Cash Out And Still Pay Less Monthly?
Can I Get Cash Out And Still Pay Less Monthly?

Historically low rates are making it possible for some homeowners to reduce their overall payments—even with cash out loans.


Cash-Out with Lower Monthly Payments Possible

Current Loan 30-yr $250,000 loan @ 5.5% = $1,420/month
Cash out refinance   30-yr $280,000 loan @ 4.0% = $1,337/month


In some cases, a rate reduction and higher loan balance can amount to a lower payment.


Refinancing an existing loan may increase your total finance charge over the life of the loan. Examples show principle and interest only. Typical APRs could be 5.7% and 4.2% respectively. Talk to a home loan professional for guidance on your unique situation.

Get a quote

Whether you're ready to apply now, or simply looking to explore your options, this is the easiest way to get started. Our experienced lending professionals stand ready to listen and respond, with no obligation.

Call us at 800-217-1596
or submit the simple form below.

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