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Thinking about buying a home or refinancing with your VA benefits in 2026? Even though interest rates remain higher than they were a few years ago, VA loans—whether you’re purchasing a new home or using a VA streamline
Here’s how to refinance wisely
A cash-out refinance replaces your current mortgage with a new, larger one. It includes the remaining balance of your original loan plus an additional amount that you’ll withdraw in cash. This cash comes from your home’s equity.