VA Cash Out Refinance

Eligible veterans are able to take out 100% of the value of their property paying off their existing loan. The cash they take from their property can be used for debt consolidation, home improvements, or anything else that their heart desires.

Benefits

• Home Improvements
• Travel
• Car/Boat
• Credit Card Debt
• Whatever your heart desires

Eligibility

Just like with any VA Loan, the borrower must be a qualifying active duty member of the US military, veteran, or surviving spouse.

Bob, a Marine Corps Veteran, bought his house 3 years ago, and since then his property has appreciated in value by over $40k.

The Problem

He loves the water, and it’s always been Bob’s dream to buy a new boat. But, he has had a difficult time saving up for the purchase.

Results

Using VA Cash Out Refinancing, he is able to take cash out of his property and use it towards paying for the new boat as well as paying off his credit card debt. All with a low monthly payment.