We
extend our service to anyone regardless of race, color or ethnicity.
Debt
Consolidation / Cash-out VA Loan
What VA Does For The Debt Consolidation
/ Cash-out Loan
VA will allow Veterans to utilize part of the equity in their
homes for the following purposes:
Cash-out
Debt Consolidation (2nd mortgage / high interest credit
cards)
Make Home Improvement
Education
VA will allow you to borrow up to $240,000.00 for any of
the above items. Veterans must be both credit and income qualified.
Veterans also need a full VA appraisal done on the property.
The property must be owner occupied. In addition to using
the equity you may also reduce the rate and term of the mortgage.
What the Refinancing Veteran
Needs To Get Started
Now that you have decided to use the equity in your home,
you need to enroll in the VA mortgage program.
To get started contact us at 1-866-562-6318. Be prepared
to have the following information available:
Veteran’s / borrower (s) name, address
Social Security number (s)
Phone numbers
Date of birth (s)
Estimated loan balance
Yearly Income/s
Dollar Amount needed
Estimated property taxes
A deposit of $195.00 is required and is refundable upon
closing. (Visa, MasterCard, and Discover)
$375 for the VA appraisal (may be higher for 2,3, and
4 family homes)
Available terms for VA Financing:
30 year fixed rate
15 year fixed rate
3/1 ARM fixed for first three years
Customer Service:
1-866-562-6318
Call a representative today for a free consultation. Our operators
are standing by.
