Forgotten Your Password?

Need to Register?

Question Icon

what's the max money i can get back from a va cash-out refi?

does it depend on credit, equity, both? I have a fico score 727 and have 34% equity in my home. by cabarra.sam29733 from Watertown, South Dakota. May 22nd 2014 Reply


Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#79 ranked lender in Florida - 2,245 contributions

You can get 100% LTV

May 22nd 2014
1
0
Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Up to 1005 of current value.

May 22nd 2014
1
0
Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 4,843 contributions

We can do 100% cash out financing on a VA loan... But you might get a slightly better rate if you keep it to 90% or less. Many lenders also cap it at 90%, so if you need higher than 90%, you might need to shop around. For VA loans in MN, WI, and SD, visit www.VA-IRRRL-Loan-MN.com

May 22nd 2014
1
0
Rick Van Den Top (RickVanDenTop)
#3 ranked lender in South Dakota - 7 contributions

Hi,on a VA Refinance, the loan amount can be up to 100% of the appraised value.call me at 605-359-1775 and i can help you thru this process. Thanks.

May 22nd 2014
0
0
Colby Neal (ScottsdaleInsurance)
#110 ranked lender in Arizona - 71 contributions

You'll get back about 30% in cash. So up to 100% loan-to-value (LTV). Guaranteed low direct lender, www.vahomeloanguarantee.com

May 22nd 2014
0
0
Mike Silkworth (msilkw_195_870)
#29 ranked lender in Michigan - 531 contributions

Great question! VA allows up to 100%. Some lenders however only allow to 90% and they may not know that when they start the process with you. This is not a common loan for everyone and if the loan officer looks at the VA regulations and sees 100%, they may move forward without realizing their company caps it at 90% In the meantime, you've invested time and money for an appraisal. What I'm saying is, make sure you use someone that does a lot of VA loans.

May 22nd 2014
0
0

oh wow ok - i would have been glad to get much less. so the lower i go the lower the rate it's sounding like?

May 22nd 2014
0
0
Jamie Lynne (nationwidelenderforyou)
#137 ranked lender in Texas - 576 contributions

You can get up to 100% on the appraised value of your home. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803

May 22nd 2014
0
0
Subscribe to our news feed.