VA Refinance

The VA has a Cash-out Refinance loan program for homeowners who want to take cash out of their home’s equity for the purpose of paying for education, paying off debt or making home improvements. The Cash-out Refinance loan can also be used to refinance a non-VA loan into a VA loan. The VA will guarantee loans up to 100% of the value of your home.


As a borrower, you must have good credit, sufficient income and a valid COE (Certificate of Eligibility) to be eligible for a VA-backed home loan. The home must be for your own personal occupancy. To obtain a COE, the requirements are listed below.

VA home loans can be used for:

  • Purchasing a home or condominium in a VA-approved project
  • Building a home
  • Purchasing and improving a home
  • Improving a home by installing energy-saving features, or making energy efficient updates
  • Buying a manufactured home and/or lot