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If my lender is outside of Texas, can they do a cash out refinance loan on my home located in Texas in that Texas does not allow e

by shadesofapril611 from Piedmont, South Carolina. Mar 7th 2020 Reply


Meant to add that the home in Texas is a VA loan and Texas does not allow cash out or equity loans on government insured loans.

Mar 7th 2020
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John Burke (jburke)
#27 ranked lender in Texas - 321 contributions

No, you cannot do a cash-out refinance on a government backed mortgage in Texas.Here's the deal, you can't do a VA cash-out refi in any state if you're currently living in the home. Is this your primary residence?| John Burke | Senior Mortgage Banker | Lending in ALL 50 states |Great Plains Bank | jburke@gpbankTX.net | (877)228-9069 | NMLS# 787231 |

Mar 23rd 2020
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