Can I Refinance My VA Loan If I Have an Equity LOC?

Answer You can a refinance a Department of Veterans Affairs, or VA, secured loan even if you have a home equity line of credit, or HELOC, secured on the same property. The VA insures loans on behalf of le... Read More »

Top Q&A For: Can I Refinance My VA Loan If I Have an Equity LOC

Can you refinance a home equity loan and get cash out?

On One Hand: Yes, You CanYes, a borrower can refinance his home equity loan and receive cash out after the three-day right of rescission period has ended. Typically, the cash out is added to the de... Read More »

Can you refinance with no equity?

You can receive a no-equity refinance loan. To qualify for a no-equity refinance loan, keep your payments current, maintain a healthy credit score, and maintain or improve your property. Research s... Read More »

If You Have a Home Equity Loan, Do You Have to Pay Off the Loan Before You Sell Your House?

A home equity loan utilizes the equity you have built in your home as collateral for a new debt. Typically, this debt goes toward improvements to the property, but it may also be used to purchase c... Read More »

Can I refinance with negative equity?

"Negative equity" means you owe more on your home loan than the house is actually worth. To refinance, you'll have to come up with enough cash to pay down your debt so that your loan balance is les... Read More »