If you've been thinking of refinancing your home loan, these brief descriptions will give you the background information needed to help you discuss your options with lenders.

VA cash-out refinancing allows veterans, active-duty service members, and qualifying spouses to refinance their mortgages while tapping into home equity. Not only can you take cash out from the ...

You will need to pay a funding fee to refinance your VA mortgage. For IRRRLs, this fee is equal to 0.5% of the loan amount. On a cash-out refinance, the fee is 2.15% for your first refinance and 3 ...

Make sure to tap into your home equity using a VA cash-out refinance for the right reasons, such as making home renovations and repairs or consolidating high-interest debt. Think twice before ...

VA and FHA loans may offer more flexibility, allowing eligible borrowers to potentially tap 90% to 100% of their home's value. A cash-out refinance offers certain advantages that might make it ...

Key takeaways A cash-out refinance replaces your current mortgage with a new, bigger one that converts some of your home’s ...