Update! - November 19th, 2012

o Maximum loan to value for cash-out transaction where the veteran pay offs an existing mortgage and other consumer debts through the closing is 100% of the appraised value of your home.

This does not allow cash in hand but will allow you to pay off credit cards, car loans or any other consumer debt as long as the pay offs are handled by the title company.

For more information regarding a VA cash out refinance to 100%, please call me at (877)228-9069 or see the link below.

http://valoansdoneright.com/100-va-cash-out-refinance-update-november-19th-2012/

John Burke

Senior Mortgage Banker

Peoples Bank & Trust Co.

(877)228-9069