VA Cash-Out Refinance Loan

[Account Closed]

Good afternoon BP peeps, Yesterday I came across a video online discussing the VA's Cash-Out Refinance Loan option for Service members and veterans. As a veteran and homeowner of VA home loan property, I'm interested in learning more about it but unfortunately I cant find any clear answers. Does anyone have experience with the VA's Cash-Out Refinance Loan process? If so, can you identify any pros /cons?

[Andrew Postell]

@Account Closed sorry I did not catch this post until now. But you cannot do a VA cash out loan in Texas. Just Fannie Mae and Freddie Mac agencies are allowed here. I hope this makes sense what I am describing.