Veterans and active military families that are eligible for a VA home loan have the opportunity to leverage this benefit more than once. In fact, qualified veterans and active military may use the VA Loan Guaranty Program over and over. Whether you’re buying your first or your last home, you can use your VA benefit on each home purchase. The only limitation is that a VA home loan can only be used on one home at a time.
Here are three ways you may be able to “restore” an entitlement you used in the past to buy another home with a VA direct or VA-backed loan:
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