Can one do a VA cashout with no appraisal? I see it only offered on the streamline

You can't receive cash if you proceed with a streamline. A VA loan allows to 100% loan to value.

If you are looking for cash-out on a VA loan, an appraisal is required. For VA loans in MN, WI, and SD - Visit www.VA-IRRRL-LOAN-MN.com

No- for a "cash out" refinance you will need to have an appraisal done- for more information please e-mail me at pete.bass@everbank.com- I would be happy to help you- Thank you for your service!

Hi Nuello, Yes you need an appraisal to do cash out on a VA loan. Call me at 914-290-5000 Ext 101 to discuss further and possibly make application. Jeff Mitchell, President of ABC 123 Mortgage, Inc. Appointments day, evening or weekend in our office or at your home or office.

No. A Streamline refinance is allowed with no appraisal because VA is already on the hook for the loan amount outstanding. If you want to pull cash out you have to prove your home has the value to warrant it. This is why you need an appraisal. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in Arizona (AZLO0911876 / AZBK0902429), Washington (WALO40586 / WACL3087) and California (CADOC40586 / CAFLL6036566). We are licensed by the CA-DBO under the CFLL and CRMLA. Loans made or arranged pursuant to CFLL or CRMLA license. ~ www.LoansA2z.com ~ 888-889-9950