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VA Cash-Out Refinance | Tap Your Equity with No PMI in Pennsylvania

VA Cash-Out Refinance | Access Your Equity with a VA Loan in Pennsylvania

The VA Cash-Out Refinance lets eligible Veterans, service members, and surviving spouses turn home equity into cash — while still enjoying the powerful benefits of a VA loan.

Use the proceeds for home improvements, debt consolidation, education, or other major expenses — all with no monthly PMI and competitive VA-backed rates.

Key Benefits:

  • Cash out up to 90% of your home’s value (based on lender guidelines)

  • No monthly mortgage insurance

  • Refinance from any loan type into a VA loan (conventional, FHA, USDA)

  • Use proceeds for any purpose: renovations, tuition, debt, or savings

  • Choose from 15- or 30-year fixed rates

  • Available for primary residences only

VA vs. Conventional Cash-Out:

Compared to conventional cash-out loans, VA cash-out offers:

  • Higher allowable LTV

  • No private mortgage insurance

  • More flexible credit and DTI guidelines

  • Potential for lower overall cost for qualified VA borrowers

It might be easier to get pre-approved for a mortgage than you ever imagined. We believe in making it as easy as possible for everyone to purchase their own home. Click here now to get started, it only takes a few minutes online.

Who Is Eligible?

To qualify for a VA Cash-Out Refinance, you must:

  • Be a Veteran, active-duty service member, or eligible surviving spouse

  • Occupy the home as your primary residence

  • Meet standard VA credit and income guidelines (typically 620+ FICO)

  • Have sufficient VA entitlement (we’ll help you check your COE)

Common Uses

  • Pay off high-interest debt

  • Fund home renovations or repairs

  • Cover tuition or family medical expenses

  • Refinance out of FHA, USDA, or Conventional to eliminate PMI

  • Access equity for emergency savings or investment opportunities

Related VA Loan Options

Ready to Tap Into Your Home’s Equity?

We’ll guide you through the cash-out process, help calculate how much equity you can access, and find the best VA option based on your goals.

Start your application or request a free consultation below.

John Thomas

Loan Officer - NMLS# 3094

Get a personalized and successful home loan approval experience

See how much you qualify for in 60 seconds or less.

Get In Touch

The John Thomas Team | NMLS 3094

302-703-0727

248 E Chestnut Hill Rd Newark, DE 19713

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PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. The content in this website has not been approved, reviewed, sponsored or endorsed by any department or government agency.