VA Debt Consolidation Loans for Veterans: A Guide

VA Debt Consolidation Loans for Veterans: A Guide

KEY TAKEAWAYS

  • A VA cash-out refinance allows you to tap into your home’s equity and get a cash payment. 
  • You can use the cash from a VA debt consolidation loan for virtually anything, from paying off credit card debt to funding home improvement projects. 
  • A VA debt consolidation loan can be a great option for qualifying veterans if they need to pay for unexpected expenses or if the interest rate attached to their debt is greater than their mortgage’s interest rate.
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Written by Bill Lyons