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Elligible Veterans in most parts of the county have a primary entitlement of $36,000 and a secondary entitlement of $68,250 calculated as follows (25% * $417,000). In high balance loan limits such as in King County - that ran range up to $625,500 and higher. The VA entitlement loan limits are calculated as the lesser of the two amount below: 
  • 25% of the VA loan amount or
  • 25% of the VA loan limits in that county.
Example on how you can have two VA loans at once:
Assuming in Conventional VA loan limits of $417,000 - entitlement for the VA is $104,250 ($417,000 * 25%).
  • Assuming 1st house purchase price is $200,000. Therefore, 1st VA entitlement is $54,250 ($200,000 * 25%).
  • The subsequent purchase price is capped at $200,000 ($104,250 - $54-250 /25%).
Posted in:VA loans and tagged: VA loans
Posted by Sam Kader on March 31st, 2016 12:20 PM
  • VA loan benefits may be used many times. Although there is a limit to the borrower's entitlement - which is the amount the VA will guarantee. If the borrower exceeds their entitlement, they may have to make a down payment.
  • VA home loan benefits will not expire if they are not used.
  • You can have two or more VA loans at the same time as long as you have not exceeded your entitlement and eligibility. You must be able to afford both (all) mortgage payments and sufficient entitlement is required. Else, a down payment is required.
  • A borrower with a short sale or foreclosure on a VA loan can have another VA loan, but the maximum amount they can qualify for may be less.


Posted in:VA loans and tagged: VA loans
Posted by Sam Kader on June 18th, 2015 8:16 PM



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