VA Loan Entitlement: How to Reuse Your VA Loan Benefit

VA loan entitlement is the actual dollar amount the VA promises to repay in the event a borrower defaults. The VA home loan benefit is a lifetime benefit, and entitlement is how the VA allows Veterans and service members to have more than one VA loan.

Chris Birk, The author of "The Book on VA Loans," shows you how to calculate entitlement, how VA loan limits work and what it takes to have multiple VA loans

Time Stamps
0:14 - Restoration of Entitlement
0:36 - Using Two VA Loans
1:17 - Overview of VA Loan Entitlement
1:50 - Second Tier of Entitlement
2:07 - VA Guarantee
2:59 - Leftover from First Entitlement
4:25 - Personal Entitlement Cap
4:59 - Comparison to Conventional Loan
5:37 - Foreclosure
6:24 - Second-Tier Entitlement Requirement
6:53 - Affording Two Mortgage Payments & Offset
7:26 - Rental Income
8:10 - Occupancy Requirements
8:37 - One-Time Restoration of Entitlement

Watch the entire VA Loan Guide to Homebuying here:    • Everything About VA Loans: A Guide to...  

For a detailed transcript of this video: https://www.veteransunited.com/education

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