Getting your paperwork ready for a VA cash-out refinance
Prepare for a VA cash-out refinance
Prep note
A VA cash-out refinance is underwritten much like a purchase, so preparation pays off. Get your Certificate of Eligibility, gather income documents that match how you are paid, expect a VA appraisal, and be ready to certify that you live in the home. If the current loan is VA-backed, federal seasoning and net tangible benefit rules also apply.
Last reviewed against the primary sources listed below.
ToolPrep list builderThree questions, one document list.Step 1COE firstThe document everything depends on.Step 2Income documentsBy how you are paid.Step 3The VA appraisalWhat the appraiser checks.Step 4Occupancy and seasoningTiming rules.Step 5Net tangible benefitVA-to-VA protections.Step 6Closing prepThe last week.New guideLender conditionsWhat conditions are, why underwriters add them, and how to clear them.New guidePayoff statementHow the payoff statement sets the amount your refinance must cover.GlossaryKey termsPlain definitions with sources.GuideLetters of explanationWhy underwriters ask for short written explanations and how to write o.GuideInsurance proofWhy lenders verify insurance and what they ask for.PrintableLender questionsQuestions to bring to any lender, ready to print.
Independent, not official
This is not a government website. VA's cash-out refinance page is the authority.