Access the equity you earned — up to 100% of your home's value.
VA Cash-Out Eligibility Check
about 55 seconds left60 seconds · no hard credit pull · never sold
Is this for your primary residence?*
Cash-out requires owner occupancy — an IRRRL works on a former primary you now rent out
A VA cash-out refinance lets eligible veterans borrow up to 100% of their home's value, a benefit only the VA offers, with no monthly mortgage insurance. The cash can be used for anything.
- Up to 100% LTV — on an eligible cash-out
- No monthly mortgage insurance
- IRRRL streamline — no appraisal, no income docs, no minimum FICO
- 0% down purchases — for qualified veterans
- Use the cash for anything
- Certificate of Eligibility handled with you
- Paying off high-interest debt
- Renovations and accessibility upgrades
- Tuition, medical, family
- Lowering a VA rate with an IRRRL
Why VA cash-out beats conventional.
Higher loan-to-value
Conventional cash-out stops at 80% of value. An eligible VA cash-out can go to 100%, depending on entitlement, credit, and lender.
No monthly mortgage insurance, ever
A one-time funding fee, usually financed into the loan, replaces monthly insurance — and it's waived entirely with VA disability compensation.
IRRRL: the easy rate drop
VA-to-VA only, with no appraisal, no income documents, and no minimum credit score. It works on a former home you now rent out.
Eligibility handled
Joshua works through your Certificate of Eligibility, entitlement, and funding-fee exemptions with you.
Sound like your situation? Answer a few questions and I'll show you what you qualify for — about 60 seconds, no hard credit pull.
Check my options →What could your equity pay off?
VA cash-out debt payoff
What up to 100% of your home's value could pay off. An estimate before fees and closing costs.
Monthly payments freed
$0/mo
Add your debts to see what your equity could pay off.
An estimate is a start. Tell me about the property and I'll come back with real options for it.
Check my options →The VA funding fee on a purchase.
Paid once and financed into the loan. Waived entirely for veterans receiving VA disability compensation.
- Down paymentLess than 5%
- First use2.15%
- Subsequent use3.3%
- Down payment5% – 9.99%
- First use1.5%
- Subsequent use1.5%
- Down payment10% or more
- First use1.25%
- Subsequent use1.25%
- Veterans, active-duty service members, and eligible surviving spouses
- A home you live in, for cash-out and purchases
- On-time mortgage payments over the last 12 months
- About six months on the current loan (210 days from the first payment) for a cash-out
- Cash-out and purchases require owner occupancy; an IRRRL can be done on a former home that's now a rental
- Credit below 620 on a purchase needs at least 10% down plus closing costs
- Texas: VA cash-out isn't permitted on a Texas homestead; an IRRRL is
- Investment properties aren't VA eligible — a DSCR loan is the alternative
- A late mortgage payment in the last 6 months puts a cash-out on hold
Start to finish.
- 01
Check eligibility
A short set of questions with no hard credit pull.
- 02
Talk it through
Joshua comes back with your LTV, payment, and cash-out numbers.
- 03
Appraisal and COE
The appraisal is ordered and your Certificate of Eligibility is handled.
- 04
Close and receive funds
Sign, close, and the cash is yours to use.
Cash-out or IRRRL?
VA cash-out refinance
- Replaces your loan with a larger one and pays you the difference
- Up to 100% of the home's value
- Owner-occupied; full underwriting and an appraisal
IRRRL streamline
- Lowers the rate on an existing VA loan; no cash out
- No appraisal, no income documents, no minimum credit score
- Allowed on a former primary residence, and in Texas
Good to know.
What credit score do I need?+
VA guidelines are flexible, and manual underwriting can reach lower scores case by case. Below 620, a purchase needs at least 10% down. Recent mortgage history needs to be clean.
Can I buy with 0% down?+
Yes, for qualified veterans. With credit below 620, at least 10% down is required.
Is a VA loan for a primary residence only?+
Cash-out and purchases, yes. An IRRRL can be done on a former home you now rent out. Investment properties go to DSCR, rental, conventional, or hard money.
Can I do a VA cash-out in Texas?+
No. Texas law doesn't permit it on a homestead, and caps home-equity lending at 80% combined LTV with a 12-day waiting period. An IRRRL is still available in Texas.
What's the difference between a cash-out and an IRRRL?+
A cash-out replaces your loan with a larger one and pays out the difference. An IRRRL lowers the rate on an existing VA loan with minimal paperwork and no cash out.
What is the VA funding fee?+
A one-time fee, usually financed. On a purchase it's 2.15% on first use with less than 5% down, 3.3% on later use, 1.5% with 5–9.99% down, and 1.25% with 10% or more. It's waived with VA disability compensation.
Still have a question about your own scenario? Start here and I'll answer it with your numbers in front of me.
Check my options →Let's build your structure.
Tell me your goal and the numbers. You'll get a clear, no-pressure plan — and the rate that fits it.