We offer VA loans for credit scores below 620 (Credit Scores allowed from 550-850)
A VA cash-out refinance is a great option for borrowers looking to:
Consolidate Debt: Using the money from a cash-out refinance to pay off high-interest credit cards could save you thousands of dollars in interest.
Increase Tax deduction: Unlike credit card interest, mortgage interest payments are tax deductible. That means a cash-out refinance could reduce your taxable income and land you a bigger tax refund.
Increase your credit score: Paying off your credit cards in full with a cash-out refinance can improve your credit score by reducing your credit utilization ratio — the amount of available credit you’re using.
Home Improvements: Use the funds to do necessary home repairs including replacing the roof, purchasing new appliances, remodeling the kitchen and bathrooms and landscaping. A VA cash-out refinance provides flexibility in the use of funds from cash-out proceeds.
VA loans allow cash-out up to 100% of the appraised value.
Receive your instant VA home loan quote now.
Click Here: VA Loan Quote
Call for more details: 866-365-6428