December 1, 2008

VA Loan Update - You Can Now Go To 100% LTV on a Cash Out Refinance

That's right folks. The VA has recently changed it's guidelines to allow a veteran borrower to borrower 100% of their home's value on a cash out refinance loan. This is an increase from the previous maximum of 90%. You gotta love the VA, especially when FHA is decreasing their max ltv to 85% on a cash out.


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