VA Announces Changes to Cash-Out Refinance Loans | Know Your Benefits

VA Announces Changes to Cash-Out Refinance Loans | Know Your Benefits : The Veterans Administration has announced policy changes to it’s cash-out refinance loans effective February 15th, 2019. These changes will categorize the VA cash-out refinance loan into two categories: TYPE I Cash-Out Refinance and TYPE II Cash-Out Refinance. The changes will also limit the loan-to-value (LTV) to a maximum of 100% LTV; including the VA Funding Fee.

Jason Skinrood – Loan Officer
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RELATED: VA Announces Changes to Cash-Out Refinance Loans | Know Your Benefits

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