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Can a borrower get a VA home loan for the purchase of a second home if they do not currently have a VA loan on their primary residence?
Published 11/29/2006 09:30 AM |
Updated 05/18/2017 01:17 PM
Can a borrower get a VA loan for the purchase of a second home if they do not currently have a VA loan on their primary residence?
If you are an eligible veteran and still have remaining entitlement or have had your entitlement restorded, you can get a second property using a VA Loan. You must occupy or intend to occupy the property as your primary home within a reasonable period of time after closing the VA Loan. For all information about home loans, go to http://www.benefits.va.gov/homeloans/