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Get 100% cash out with a VA mortgage refinance

VA loans aren't just a great way to buy a home. They're also a fantastic way to get cash out of a property. A VA cash-out mortgage refinance lets a qualified veteran access up to 100% of their home's equity as cash. Compared to a conventional cash-out refinance, the VA option may offer more cash, lower or no mortgage insurance requirement, a better interest rate and easier qualification requirements. And at Draper and Kramer Mortgage Corp., our VA loans have no lender fees.

The funds from a cash-out refinance can be used for anything, including:

• Home repairs and renovations
• Emergency expenses
• College tuition
• Debt consolidation
• Large purchases
• And more!

Borrowers are required to provide Draper and Kramer Mortgage Corp. with a Certificate of Eligibility (COE) to confirm eligibility. There are different requirements for the COEs for each category of eligible VA borrowers. Draper and Kramer Mortgage Corp. can help borrowers obtain the necessary COE. A COE is the only reliable proof of eligibility for a lender.
Draper and Kramer Mortgage Corp. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other go vernment agency. All information and programs included on this document are subject to change, and require approval based on individual program guidelines and borrower’s credit and underwriting approval. FICO scores under 620 have additional underwriting overlays. Contact your Draper and Kramer Mortgage Corp. representative for full details.
Contact me today to learn more!
 
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