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  2. VA loan refinance: What is it and how does it work? - AOL

    www.aol.com/finance/va-loan-refinance-does...

    The two primary VA loan refinance options are Interest Rate Reduction Refinance Loans (IRRLs) and VA cash-out refinances. ... But do run the numbers to calculate potential savings — some ...

  3. VA loans: What they are and how they work - AOL

    www.aol.com/finance/va-loans-200043770.html

    Refinancing a VA loan. There are two main ways to refinance a VA loan: with an Interest Rate Reduction Refinance Loan (IRRRL), also known as a VA streamline refinance; or with a VA cash-out refinance.

  4. How much equity do you need to refinance? - AOL

    www.aol.com/finance/much-equity-refinance...

    FHA refinance: For FHA cash-out refinances, mortgage lenders prefer you to have 20 percent equity remaining after the refi. VA refinance: Through a VA cash-out refinance , you can access up to 100 ...

  5. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

  6. Is doing a VA cash-out refinance a good idea? Here’s ... - AOL

    www.aol.com/finance/doing-va-cash-refinance-good...

    A VA cash-out refinance is a type of mortgage guaranteed by the VA that essentially swaps your current mortgage with a new, larger loan that allows borrowers to take the extra amount out as ready ...

  7. Cash out refinancing - Wikipedia

    en.wikipedia.org/wiki/Cash_out_refinancing

    The difference between cashout refinancing and a home equity loan are as follows: A home equity loan is a separate loan on top of a first mortgage. A cash-out refinance is a replacement of a first mortgage. The interest rates on a cash-out refinancing are usually, but not always, lower than the interest rate on a home equity loan.

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