Hi Joyce,No but you can do a VA cash-out refinance up to 100% of your home's appraised value with a VA mortgage and you're probably going to get better fixed rate than you would with a traditional HELOC. | Please feel free to contact me for more information or help. | John Burke | Senior Mortgage Banker | Great Plains National Bank http://www.valoansdoneright.com | (877)228-9069 | Lending in ALL 50 states
NO, but VA does allow a cash out refinance up to 100% of today's appraised value. For VA loans in MN, WI, or SD, visit www.JoeMetzler.com
Use VA cash out to 100% of value.
VA doesnt offer a HELOC program ....there are many lenders / banks / credit unions that do offer this type of program ....the terms will vary slightly from one lender to another....so be sure to ask the same questions as you are checking out the options do you have a VA first mortgage ? at what rate?Dave SKow Eagle Home Mortgage 206 714 9745 daveskow@eaglehm.com
No, VA only offers first position mortgage loans.. as others have stated, you can do a VA cash out refinance up to 100% of your properties value.. or you can contact a local bank and inquire about a HELOC... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
Unfortunately they do not.
No VA does not offer a 2nd or HELOC. However, they do offer 100% cash out refinancing with no mortgage insurance. Contact a local lender and have them present you options to see if it will be a benefit or not. Best wishes, Sean
No HELOC options through VA but a cash out refinance up to 100% or if you have equity in the home there are lenders who provide HELOCs up to 90% or 90% total loan to value if you are looking for the flexibilty of that type of product.
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