Cash Out Refinance

VA Cashout Refinances in Pennsylvania

October 17, 2013 Cash Out Refinance

VA Cashout Refinances in Pennsylvania and the rest of the nation allow Veterans to tap into the equity in their home to consolidate bills, payoff higher rate mortgages or just to obtain cash. The Department of Veterans Affairs has a broader classification of what constitutes a cashout refinance than other types of mortgage financing.  The […]

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I am paying off a Second Mortgage…Is My Refinance considered a “Cash Out”?

February 7, 2013 Cash Out Refinance

If you have a second mortgage on your home you need to be aware of the rules of when a refinance is considered “cash out”. When an application is considered a cash out refinance, the maximum Loan to Value will be limited to 80% for Conventional financing and 85% for FHA financing. The presence of […]

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I have a Second Mortgage…does this make my Refinance a “Cash Out”?

March 15, 2010 Cash Out Refinance

  If you have a second mortgage on your home you need to be aware of the rules of when a refinance is considered “cash out”.  When an application is considered a cash out refinance, the maximum Loan to Value will be limited to 80% for Conventional financing and 85% for FHA financing.   The […]

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