VA Cash-Out Refinance Loans

A cash-out VA refinance loan allows qualified Veterans to refinance their current loan into a lower rate, and access the home’s equity for other purposes.  The amount of cash out available to the borrower is the difference between the new loan amount and the existing loan’s balance plus closing costs.

VA cash-out refinance loans use the same guidelines as VA Loans for qualification and approval, regardless of whether the borrower is refinancing a VA, conventional or another mortgage.  This means the Veteran borrower must intend to use the home as their primary residence.  The closing costs and funding fee for a VA cash-out mortgage refinance can be included in the new loan amount.

Borrowers can use the cash equity obtained through their VA Loan cash-out refinance for any purpose.  Most commonly the funds are used to:

  • Consolidate existing debts such as credit cards or auto loans
  • Help pay for educational expenses or pay off student loans
  • Remodel or upgrade of the home’s kitchen and bathroom(s)
  • Complete major repairs the home is in need of

To get started with a VA Cash-Our Refinance call us at 561-810-1711 or fill out the form on this page.  A  specialist from our team will contact and assist you.

Florida VA Loan Specialist: Shirley Mueller

VA Loan Specialist Shirley Mueller

Working as a loan originator since 2003, Shirley has helped over 2000 Veterans with VA Home Loans. She has helped Veterans in almost every situation, including deployed personnel returning home or those with PCS orders. Shirley also helps disabled Veterans who...


  • Pre-Qualifications are Always Offered with No Obligation

  • This field is for validation purposes and should be left unchanged.

Mortgage Calculator

online mortgage calculator