If you want to take cash out of the equity in your property and you have a VA loan, you must meet at least one tangible benefit in order to refinance. There is a list of 8 options, and you only need to meet one. Comment below if you would like a copy of that list.
Related Article Title: Does a VA Cash-Out need to meet the Net Tangible Benefits Requirements? Answer: Yes, there now must be a Net Tangible Benefit for any VA Cash-Out Refinance loan (per VA Circulars issued in February of this year and attached.) So, the loan has to satisfy at least one of the 8 NTB’s […]