What this loan can do
VA cash-out refinancing may let an eligible borrower access equity or refinance a non-VA mortgage into VA financing. Approval depends on credit, income, appraisal, occupancy and lender requirements.
Available equity is not a guaranteed payout
Your payoff, new loan amount, costs and lender limits determine cash available. A broad claim of “100% cash-out” does not establish your eligibility or net proceeds.
Think carefully about debt consolidation
Moving unsecured balances into a mortgage puts your home behind that debt. A lower combined monthly payment may come from extending repayment. Compare total interest and avoid rebuilding the balances you paid off.
Ask for a written comparison
Review the current loan, proposed loan, net proceeds, funding fee, all closing costs and the repayment period. Consider whether keeping your existing mortgage better serves your goals.
Read the official guidance
VA • Cash-out refinance ↗Sources reviewed October 25, 2026. Requirements can change. Ask Sasha to help apply the information to your situation.