VA Cash-Out Refinance in California
Use Your Home Equity to Eliminate Debt, Fund Life Goals, or Reinvest — Backed by the CEO
If you’re a qualified veteran, active-duty service member, or eligible surviving spouse, the VA Cash-Out Refinance lets you unlock your home’s equity — even if your current mortgage isn’t a VA loan.
At California Mortgage Direct, we go beyond forms and call centers. You’ll work directly with Joseph S. Restivo, the President & CEO of American Mortgage Network, who personally structures every VA cash-out refinance to maximize savings and results.
✅ What Is a VA Cash-Out Refinance?
The VA Cash-Out Refinance allows eligible VA borrowers to refinance their current mortgage into a new VA loan and take out cash from their equity — all in one transaction.
Unlike the VA IRRRL, this option does require income verification and a home appraisal, but it also offers significantly more flexibility and access to cash.
💥 Top Uses for a VA Cash-Out Refi
- 💳 Pay off high-interest credit card debt
- 🛠 Fund home improvements or remodels
- 🎓 Pay for college or tuition
- 🚗 Buy a car, invest, or fund large purchases
- 🔄 Refinance out of a conventional or FHA loan into a VA loan
You do not need to currently have a VA loan to qualify for a VA cash-out refinance.
📊 Key Benefits of the VA Cash-Out Loan
- ✅ Borrow up to 90–100% of your home’s appraised value (in many cases)
- ✅ Eliminate PMI from an FHA or conventional loan
- ✅ Enjoy lower rates than most conventional cash-out options
- ✅ No prepayment penalties
- ✅ Roll closing costs into the new loan
- ✅ Tax-free access to your equity
- ✅ Flexible loan terms available
🧾 Who’s Eligible for a VA Cash-Out Refinance?
To qualify, you must:
- Be an eligible veteran, active-duty military member, or surviving spouse
- Provide a Certificate of Eligibility (COE)
- Meet basic credit, income, and appraisal requirements
- Refinance a VA or non-VA loan on a primary residence
Need help determining your eligibility? Joseph can review your COE and run numbers on your equity — with zero pressure.
🧑✈️ Why Work with California Mortgage Direct?
Feature | What You Get |
---|---|
🧑✈️ CEO-led strategy & support | Joseph S. Restivo, CEO, personally structures your refinance |
🧠 25+ years of mortgage expertise | VA cash-out refis done right the first time |
📍 Licensed in all 58 California counties | Local knowledge, statewide coverage |
⚡ Fast closings & direct communication | No sales team runaround — just expert guidance |
💬 Clarity, not confusion | Joseph walks you through all numbers and options himself |
💬 What Our Clients Are Saying
“I used a VA cash-out refi to pay off $78K in credit card debt and renovate my kitchen. Joseph made it effortless. I actually spoke with the CEO — and he delivered.”
— Carlos D., US Army Ret., Los Angeles, CA
“I had no idea I could use a VA loan even though I had a conventional mortgage. Joseph saved me over $1,200 a month and got me cash back to invest.”
— Monica S., Navy Veteran, Sacramento
🔒 Take Control of Your Finances
Whether you’re trying to save money, get out of debt, or reinvest in your home, the VA Cash-Out Refinance can put your equity to work — with expert guidance from the top.