VA FAQ #22 - Does the VA allow 100% Cash Out VA Loans?

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Mortgage and Lending with VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender NMLS 220268 / 3035

VA FAQ #22 - Does the VA allow 100% Cash Out VA Loans?

 

100% Cash Out VA Loans are available again.    You read the headline correct:   VanDyk now offers VA loans up to 100% loan to value for VA cash out refinances.   VA refinances are no longer capped at 90% of your current appraised value.   These are available up to $424K loan amounts.   (if your VA Loan Amount will need a higher balance, Our VA Jumbo Loans allow up to 100% as well.  Please inquire direct to 760-752-4480 to see if you have enough equity to make a new VA Loan.   This change allows Veterans, Active Duty Members & Reservists the option to refinance their non VA loans into safe, secure, fixed rate VA Loans, get cash out for debt consolidation, home improvement, etc.   Please note: VA Loans have no MI or Mortgage Insurance.    Veterans with a 10% or higher VA disability rating are exempt from the VA Funding Fee.

 >>>>  I want to get started on my VA Cash Out Refinance now

This is part 22 of our FAQ series for VA Loan Questions.    FAQ = Frequently Asked Questions, and when it comes to VA Loans, we get plenty of questions.   We have been making VA Loans since 1987 and are a Direct Lender.    Please give us a call to get help with your VA Loan or VA Jumbo Loan questions, and see if you qualify for a VA Home Mortgage - 866-900-2342 toll free direct,  or contact us online at  VanDykFunding.com .  

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Brian Skaar

VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
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