Home / VA Loan Programs / Cash Out Refinance
VA Cash Out Refinance
Turn the equity you’ve built into cash, or move out of a conventional or FHA loan and into the VA benefit you earned.
Put your home equity to work.
A VA cash out refinance replaces your current mortgage with a new VA loan and lets you take part of your equity as cash at closing. It also works for homeowners with a non-VA loan who want to drop monthly mortgage insurance and take advantage of VA terms. Lance reviews your numbers with you and shows what makes sense before you commit.
What a cash out refinance can do
Access your equity
Use cash from your home for improvements, debt consolidation, education or other big goals.
Leave a non-VA loan behind
Refinance a conventional or FHA loan into a VA loan and step away from monthly mortgage insurance.
Reshape your loan
Change your rate, term or loan type while you tap your equity, all in a single refinance.
Built for borrowers who served
VA guidelines can allow higher loan-to-value limits than many other cash out programs, depending on lender guidelines.
How it works
Review your goals
How much cash you need, and what your current loan looks like.
Confirm eligibility
We verify your VA entitlement and review your credit and income.
Appraisal and underwriting
A VA appraisal sets your home’s value and your available equity.
Close and receive your cash
Your old loan is paid off and the remaining proceeds are yours.
Good to know: a cash out refinance replaces your existing mortgage and requires an appraisal and full qualification. A VA funding fee generally applies unless you are exempt, and the amount available depends on your home’s value and lender guidelines.
Start your VA home financing journey today.
Serving ALL of Florida and Utah.