VA Cash Out Refinance Loan | NewDay USA
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Turn Your Equity into Cash with NewDay 100 VA Cash Out

Veterans Receive an Average of $50,000 in Cash Out*

NewDay 100 VA Cash Out Loan

Whether you want to renovate your home, consolidate debt, or put money in the bank, our NewDay 100 VA Cash Out can help. Get the cash you need with rates near all time lows and home equity is at an all time high.
• Money for today • Take out $50,000 or more
• Save for retirement• Rates are near historic lows
• Lower your monthly payments
• Money for today
• Save for retirement
• Lower your monthly payments
• Take out $50,000 or more
• Rates are near historic lows
* RefiPlus Veterans take out an average of $53,812 in loan proceeds.
Turn Your Equity into Cash with NewDay 100 VA Cash Out
Veterans Receive an Average of $50,000 in Cash Out*
NewDay 100 VA Cash Out Loan
Whether you want to renovate your home, consolidate debt, or put money in the bank, our NewDay 100 VA Cash Out can help. Get the cash you need with rates near all time lows and home equity is at an all time high.
• Money for today • Take out $50,000 or more
• Save for retirement• Rates are near historic lows
• Lower your monthly payments
• Money for today
• Save for retirement
• Lower your monthly payments
• Take out $50,000 or more
• Rates are near historic lows
* RefiPlus Veterans take out an average of $53,812 in loan proceeds.
Do you qualify for NewDay 100 VA Cash Out?
If you have a current VA Loan in good standing and positive equity, you may be eligible for the NewDay 100 VA Cash Out loan.
  • Active duty service member
  • Veteran with honorable discharge
  • Reservist/National Guard with honorable discharge and sufficient time served
  • Surviving spouse of an eligible deceased Veteran
  • Spouse of a MIA/POW service member

 

Do you qualify for RefiPLUS?
Eligibility RefiPlus

How much can you Get?

Our Cash Out calculator makes it easy for you to estimate your available cash out and monthly mortgage payment of principal and interest. Learn if refinancing your mortgage is right for you by adjusting for your homes value, outstanding mortgage balance, loan terms, and interest rates. For an actual quote, call NewDay USA today.
Enter your current home value on the home you will like to refinance.
Enter the outstanding mortgage balance on the home you will like to refinance.
Your loan term can affect your interest rate and monthly payments. Choose from 30-year fixed or 15-year fixed.
Your actual rate will vary based on factors like credit score and down payment.
You will get
$50,000
Term
VA 30 yr fixed

Rate
2.99%

Monthly Payment*
$1,474
*Monthly payments only include principal and interest and are not an offer to lend. Tax, insurance, and other fees will apply.

How much can you Get?

Our Cash Out calculator makes it easy for you to estimate your available cash out and monthly mortgage payment of principal and interest. Learn if refinancing your mortgage is right for you by adjusting for your homes value, outstanding mortgage balance, loan terms, and interest rates. For an actual quote, call NewDay USA today.
Enter your current home value on the home you will like to refinance.
Enter the outstanding mortgage balance on the home you will like to refinance.
Your loan term can affect your interest rate and monthly payments. Choose from 30-year fixed or 15-year fixed.
Your actual rate will vary based on factors like credit score and down payment.
You will get
$50,000
Term
VA 30 yr fixed

Rate
2.99%

Monthly Payment*
$1,474
*Monthly payments only include principal and interest and are not an offer to lend. Tax, insurance, and other fees will apply.

Take the next step to get cash in your hands

speak-icon
1. Speak to a Veteran Loan Expert
Call a loan specialist at (855) 661-1644 who will guide you through applying.
submit icon
2. Submit Documentation
DD-214, recent income records, retirement awards and other materials.
processing-icon
3. Processing & Underwriting
Our team will verify your information and underwrite your loan.
house-close-icon
4. Get Cleared to Close
We send a closing agent to you who helps finalize your loan.

Take the next step to get cash in your hands

speak-icon
1. Speak to a Veteran Loan Expert
Call a loan specialist at (855) 661-1644 who will guide you through applying.
submit icon
2. Submit Documentation
DD-214, recent income records, retirement awards and other materials.
processing-icon
3. Processing & Underwriting
Our team will verify your information and underwrite your loan.
house-close-icon
4. Get Cleared to Close
We send a closing agent to you who helps finalize your loan.
Frequently asked questions
You may still be able to turn a non-VA loan into a VA-backed loan. Find out if you’re eligible.
Yes, you will need a new appraisal to get a NewDay 100 VA Cash Out loan. To make it easier for veterans we will pay upfront for the appraisal and there will be no out of pocket cost to apply. All costs and fees can be financed into the loan.
Although there is no down payment, or monthly private mortgage insurance required, you may be required to pay a VA funding fee at the closing. But we can work with you to roll any costs into your mortgage.
Call one of our Veteran Loan Experts now and we’ll see how low we can go for you.
VA Streamline Refi  More options to consider
More options to consider
Don’t need cash, but would love to save money on your monthly mortgage payment? Consider the VA Streamline Refi.
Don’t need cash, but would love to save money on your monthly mortgage payment? Consider the VA Streamline Refi.

Build a better life.

At NewDay USA, we honor your service and sacrifice and want you and your family to access all the benefits you deserve. Let us help you build a better life.

Build a better life.

At NewDay USA, we honor your service and sacrifice and want you and your family to access all the benefits you deserve. Let us help you build a better life.