VA Refinance Cash-Out LTV Eligibility
Newrez LLC "Newrez" Approved Correspondent Clients, see the below LTV updates for VA Type 1 and Type 2 Cash-Out Refinances. The Product Profile has been updated to reflect these updates.
ARM Transactions:
- Maximum LTV<=90%
Fixed Rate Transactions:
- LTV > 90% is available only for a 360-month term