Can I get a home equity line of credit with a VA mortgage? I was told there is no such thing as a VA home equity loan. I need to borrow against my home to pay for home improvements. by attowided-5937754 from Phoenix, Arizona. Aug 8th 2018
No.. VA does not do HELOC's.. and you cannot convert your VA loan to a HELOC, however, VA does allow for 100% loan to value, cash out refinance.. This means that if your home is worth $300K, and you owe $200K,, you can pull out $100K.. What you do with the funds is choice.. Rates are good, and I'd be happy to help..I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893
VA will loan 100% of the value of your home. No Home equity line of credit available thru the VA. Most credit union will loan 85% to 90% of the value of your home.VA is the best way to access 100% of your homes value. We offer VA and even pay Veterans appraisal expense. 480-766-6050
Thank you for you Service! Good news! VA offer 100% financing of the value of you home. Unfortunately, VA does not offer home equity line of credit. We will pay for your new VA appraisal, call me at 480-776-6050.Thanks!
Good Evening, the VA does not offer a home equity line of credit but you could submit an application to get a HELOC that is separate from your existing VA home loan depending upon how much you owe and what your home is currently worth. Another possibility that may offer you a better interest rate than a HELOC is a VA cash out refinance. We are averaging less than 30 days from application to close YTD. Please apply online at https://besquivel.loans.peoplesmortgage.com/startapp or call Brian, 7 days a week at 602-688-1339. AZ LO-0926645 NMLS-319707 Company Licensing: AZ BK-0904164 NMLS-6274
No VA HELOC exists.....you can do a conventional HELOC assuming you have some equity or you can consider doing a new 1st mtg on a VA cash out refinance premise
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