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VA Cash-Out Loan. This is a way for military service members to access the equity in property that they currently own. These funds can then be used for things such as paying off debt or doing a major home improvement project on the home. Today we’ll review NewDay USA, a mortgage lender that is geared specifically toward veterans and active duty military. Like other mortgage companies, they offer both home purchase loans and refinance loans, but only those backed by the United States Department of Veterans Affairs (VA) and the Federal Housing Administration (FHA). NewDay USA is a VA home loan mortgage lender that offers streamline refinance, zero down loan, and other options for qualified Veterans. NewDay USA provides options for veterans, service members and military families. What does NewDay USA do? NewDay USA provides VA Loans and FHA loans for veterans. Call 800-995-0374 or apply online 24/7. Learn the benefits of a VA loan versus a conventional or traditional loan. Find out if you with qualify today. NewDay USA offers loans for veterans including VA and FHA mortgages. Our team of dedicated Account Executives is standing by to help you evaluate your options. Call us at 800-995-0374 or inquire online today to get started. Choosing a mortgage program is the first step toward your new home. Best overall: Veterans United; Best for refinancing: NewDay USA; Best for customer service: New American Funding; Best for no fees: Network Capital Funding The CFPB took action against repeat offender New Day Financial (NewDay USA) for deceiving active duty servicemembers and veterans seeking cash-out refinance loans. Money’s 9 Best VA home loan lenders: Rocket Mortgage (Best online VA loan lender); Veterans United (Best for VA loan variety)

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