VA Cash-Out Refinance

Access up to 100% of your Florida home’s equity with a VA cash-out refinance. For veterans and eligible borrowers with or without an existing VA loan.

Key Features

• Refinance up to 100% of home value (full equity access)
• Can refinance any loan type into a VA loan (not just existing VA)
• Cash out for any purpose: debt consolidation, home improvements, investment
• No PMI regardless of LTV
• VA funding fee: 2.15% first use, 3.3% subsequent (financed)
• Disability-exempt veterans pay $0 funding fee

Who Is This For?

• Veterans who want to access home equity
• Veterans with non-VA loans who want to switch to VA
• Veterans consolidating high-interest debt

Florida-Specific Considerations

• Florida home values have appreciated significantly — substantial equity available
• 100% LTV not available with any other loan type
• Florida has no state income tax on cash-out proceeds
• Can use cash out for Florida hurricane preparedness upgrades