VA Cash-Out RefinanceBorrow Against Your Home's Equity
Refinance your existing VA loan and borrow against your home's equity. Access cash for any purpose - home improvements, debt consolidation, or major expenses.
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VA Purchase Loans
Buy your home with no down payment and competitive VA loan rates.
View GuideVA IRRRL (Streamline)
Refinance your existing VA loan with minimal paperwork and reduced documentation.
Learn MoreVA Cash-Out Refinance
CurrentAccess your home's equity when you refinance. VA allows up to 100% of appraised value; lender limits apply.
Based on appraised value. VA and lender requirements for appraisal, credit, income, and eligibility apply.
You are hereVA Construction Loans
Build your dream home with VA loan benefits, including land purchase and construction.
Start BuildingVA Renovation Loans
Renovate or improve your existing home with VA benefits and renovation financing.
Renovate NowVA Construction Loan Calculator
Estimate VA construction loan payment, funding fee, and land-plus-build scenarios.
Calculate NowAll VA loan programs are designed exclusively for veterans, active duty military, and eligible spouses.
Compare with other loan typesVA Cash-Out Calculator
Use our free VA cash-out calculator to see exactly how much cash you can access from your home's equity. Get instant results with detailed breakdown of your new loan amount, monthly payment, and cash-out amount.
VA Cash-Out Calculator
Calculate how much cash you can access from your home's equity
Home Value & Equity
Current VA Loan Information
Cash-Out & New Loan Details
Rates from VA's funding fee chart effective April 7, 2023. Some Veterans are exempt, such as those receiving VA disability compensation. VA confirms exemption, and it appears on your COE.
Loan Details Breakdown
Cash-Out Summary
VA Cash-Out Refinance Analysis
Ready to Access Your Equity?
This calculator is not a pre-qualification. A federally registered mortgage loan originator can explain the file.
Get Pre-QualifiedWant to keep your current VA rate? Compare a cash-out refinance with a HELOC or home equity loan in our home equity calculator.
What is a VA Cash-Out Refinance?
A VA Cash-Out refinance allows eligible veterans to refinance their current mortgage and borrow against their home's equity. VA allows a loan of up to 100% of the home's appraised value, though lenders may set a lower limit, and it can be used to consolidate debt, fund home improvements, or access cash for any purpose.
Maximum Cash Out
VA allows up to 100% of appraised value; lender limits, credit, income, and eligibility apply
Flexible Uses
Use funds for any purpose with no restrictions
Better Terms
Potentially lower your rate while accessing equity
Common Uses
- Home improvements and renovations
- Debt consolidation
- Education expenses
- Emergency funds
- Investment opportunities
- Major purchases
Ready to Get Started?
Our mortgage team is here to help you access your home's equity.
VA Cash-Out Quick Facts
Why Choose Us?
Why Choose a VA Cash-Out Refinance?
Access your home's equity with flexible terms
Maximum Equity Access
VA allows up to 100% of appraised value, and lenders may set a lower limit. Conventional cash-out refinances are commonly capped at 80% loan-to-value.
- Up to 100% of appraised value under VA rules
- No PMI required
- Rate set by lender; compare Loan Estimates
Flexible Use of Funds
Use the cash from your refinance for any purpose. There are no restrictions on how you spend the money, giving you complete flexibility.
- Home improvements
- Debt consolidation
- Any other purpose
VA Loan Benefits
Enjoy all the benefits of a VA loan, including no PMI and flexible qualification requirements.
- No private mortgage insurance
- Lower interest rates
- Flexible credit requirements
Common Uses for VA Cash-Out Refinance
Discover how veterans are using their home equity to achieve their financial goals
Home Improvements
Renovate your kitchen, add a room, or upgrade your home's energy efficiency. Home improvements can increase your property value while making your home more comfortable.
Debt Consolidation
Pay off high-interest credit cards, personal loans, or other debts. Consolidating debt can lower your monthly payments and save money on interest.
Education Expenses
Fund college tuition, vocational training, or continuing education for yourself or family members. Invest in education to increase earning potential.
Emergency Fund
Build or replenish your emergency savings. Having cash reserves provides financial security and peace of mind for unexpected expenses.
Investment Opportunities
Invest in real estate, stocks, or start a business. Use your home equity to grow your wealth and diversify your portfolio.
Major Purchases
Buy a vehicle, boat, or other large purchase. Instead of high-interest financing, use your home equity for better rates.
Ready to Access Your Home Equity?
Explore whether a VA cash-out refinance may fit your home-equity goals. Use our calculator above to see how much cash you can access, then get pre-qualified today.
Explore All VA Loan Programs
Browse our complete collection of VA loan options
VA Purchase Loans
Buy your home with no down payment and competitive VA loan rates.
View GuideVA IRRRL (Streamline)
Refinance your existing VA loan with minimal paperwork and reduced documentation.
Learn MoreVA Construction Loans
Build your dream home with VA loan benefits, including land purchase and construction.
Start BuildingVA Renovation Loans
Renovate or improve your existing home with VA benefits and renovation financing.
Renovate NowVA Construction Loan Calculator
Estimate VA construction loan payment, funding fee, and build scenarios.
Calculate Now