This video and its contents are not intended for residents or home owners in the states of MA, NY or WA.
In theory, as many times as you’d like. However, you are limited by the occupancy requirement to one home being financed with a VA loan at a time. The occupancy requirement states that the borrower must occupy the property being purchased as their primary residence. Since it is impossible to have two primary residences, you’ll only be able to finance one home at a time.
Also, in order to reuse your VA loan entitlement, you’ll need to apply for a restoration of entitlement. To qualify, your previously-used entitlement must be completely paid off. If you have not defaulted on your first loan and have either paid it off or are selling your old home, this will qualify as paying off your previous entitlement.
NMLS ID# 1109426. For our complete licensing information, visit https://www.lowvarates.com/licensing. #VAhomeloan
How many times can I use a VA loan to purchase a home? rates of duty column 2 | |
| 2 Likes | 2 Dislikes |
| 535 views views | 10.3K followers |
| Education | Upload TimePublished on 2 Jan 2015 |
Không có nhận xét nào:
Đăng nhận xét