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A cash-out refinancing typically carries a slightly higher interest rate than a straight refinancing.
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FHA refinance loans and the FHA streamline refinance allow borrowers to reduce the interest rate on your current mortgage.
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VA Streamline Refinance: VA Cash out Refinance: Cash Out Allowed: No: Yes: Can Combine 1st and 2nd Mortgage: No: Yes: Maximum Loan to Value (LTV) No Maximum/Not Verified
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A secondary VA refinance loan type is the VA Cash-Out refinance loan. generally comes with a lower interest rate. Just like the VA Streamline Refinance loan,
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