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Robert Chomentowski's Blog

By Robert Chomentowski | Mortgage Broker
or Lender in San Diego, CA

VA Cash Out Refinance to 95% Loan-to-Value in California

We have a unique niche where we will lend up to 95% loan-to-value on a VA cash out refinance.  There can be many reasons why you would want to do a VA cash out refinance such as: pay off a spouse there share of equity in a divorce, get the funds to renovate your home, pay off high interest credit card debt and fold it into a low interest 30 year fixed VA loan (and also make it tax deductible).  

Read more at: http://www.socalvaloans.com/va-cash-out-refinance-loan-to-95-property-value-in-california/# 

The VA cash out refinance will require a full appraisal and full qualification with income and asset documentation.  This is different than the VA streamline refinance that does not require an appraisal or income or asset documentation.  Like on all VA loans, veterans who recieve disability pay get the VA funding fee waived.

I hope this helps you understand the options available with a VA cash out refinance.  Don't hesitate to call 858-922-7899 or email homeloan8@gmail.com if you have any questions regarding VA home loans.

Rob Chomentowski
Sr. Loan Officer (and VA loan specialist)
Affinity Financial

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