VA Bonus Entitlement Helps Veteran

Arizona Veterans that no longer have enough"Basic Entitlement" to finance a home using a VA loan  have options.  Using something called "Bonus Entitlement" may help them finance a home using a VA mortgage despite having used up their Basic Entitlement.  For example, Bonus Entitlement is used when a Veteran has: A VA loan in their name already Completed a short sale on a VA loan  Foreclosed on a VA loan Apply for a VA Home Loan Now 602.435.2149 Max VA Loan … [Read more...]

More Than One VA Loan in Arizona

Can a veteran have 2 VA home loans at the same time?  Yes, they can.  Recently, we closed a VA loan for a veteran in Mesa, Arizona.  His name was Tonni.  Tonni owned property in the mid-west that had a VA Mortgage on it.  When he called, he automatically assumed that a 2nd VA loan was not an option.  He thought he had "used up" his VA mortgage benefits. Check Maricopa County & National VA loan limits Veterans Can Have More than 1 VA Home Loan To his surprise, Tonni was eligible for a … [Read more...]