Talk To - call (302) 391-7052

Talk To - call

VA Cash-Out Refinance | Tap Your Equity with No PMI in Maryland

VA Cash-Out Refinance | Access Your Equity with a VA Loan in Maryland

The VA Cash-Out Refinance lets eligible Veterans, service members, and surviving spouses turn home equity into cash — while still enjoying the powerful benefits of a VA loan.

Use the proceeds for home improvements, debt consolidation, education, or other major expenses — all with no monthly PMI and competitive VA-backed rates.

Key Benefits:

  • Cash out up to 90% of your home’s value (based on lender guidelines)

  • No monthly mortgage insurance

  • Refinance from any loan type into a VA loan (conventional, FHA, USDA)

  • Use proceeds for any purpose: renovations, tuition, debt, or savings

  • Choose from 15- or 30-year fixed rates

  • Available for primary residences only

VA vs. Conventional Cash-Out:

Compared to conventional cash-out loans, VA cash-out offers:

  • Higher allowable LTV

  • No private mortgage insurance

  • More flexible credit and DTI guidelines

  • Potential for lower overall cost for qualified VA borrowers

It might be easier to get pre-approved for a mortgage than you ever imagined. We believe in making it as easy as possible for everyone to purchase their own home. Click here now to get started, it only takes a few minutes online.

Who Is Eligible?

To qualify for a VA Cash-Out Refinance, you must:

  • Be a Veteran, active-duty service member, or eligible surviving spouse

  • Occupy the home as your primary residence

  • Meet standard VA credit and income guidelines (typically 620+ FICO)

  • Have sufficient VA entitlement (we’ll help you check your COE)

Common Uses

  • Pay off high-interest debt

  • Fund home renovations or repairs

  • Cover tuition or family medical expenses

  • Refinance out of FHA, USDA, or Conventional to eliminate PMI

  • Access equity for emergency savings or investment opportunities

Related VA Loan Options

Ready to Tap Into Your Home’s Equity?

We’ll guide you through the cash-out process, help calculate how much equity you can access, and find the best VA option based on your goals.

Start your application or request a free consultation below.

Loan Officer - NMLS#

Get a personalized and successful home loan approval experience

See how much you qualify for in 60 seconds or less.

Get In Touch

| NMLS

Social Media