VA CASH OUT REFINANCE

    Benefits
  • You can combine your first and 2nd mortgage
  • You can pay off credit cards
  • Up to 90% Loan to value ratio with NO monthly mortgage insurance
  • If you are receiving VA disability benefits you will not be required to pay the VA funding fee
  • You can go from a conventional loan to a VA loan
  • No prepayment penalty

    Requirements
  • Loan amounts up to $417,000 or up to 90% of the appraised value
  • Credit report required
  • Income must be verified
  • You can choose from a 30 or 15 year fixed rate or 5 year ARM