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Post by Sonya on Apr 21, 2016 15:01:14 GMT
Wife and husband buy a home and both are on a VA Loan.
Her husband, the veteran, passes away and now the wife would like to refinance the house using a VA loan and would like to consolidate some of her debt.
Question: Is she allowed to utilize a cash out VA loan program OR is she only permitted to do a rate and term refinance?
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Post by Josh on May 18, 2016 20:32:04 GMT
Only if the husband passed due to service related issues to my understanding. IRRRL that could be an exception though, but not cash out.
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