Loan Options FAQ

What is a NewDay USA VA Cash-Out Refinance Loan?

A NewDay USA VA Cash-Out Refinance Loan is for homeowners who want to turn their home equity into cash to address such concerns as paying off high-interest debt, funding school, making home improvements, or just to have the security of cash in the bank*. This type of refinance loan can also be used to refinance a non-VA loan into a VA loan.

* Consolidating your debts may increase the length of time needed to repay the debts and your total finance charges may be higher over the life of the loan.

What about my credit cards?

With a NewDay USA 100 VA Cash Out Loan, you can save hundreds of dollars a month.