Southern Maryland Real Estate
Mike Petras

News Flash ! Veteran Homebuyers Can Have to 2 VA Home Loans at the same Time!

Thats right Veterans you can have up to 2 VA Home Loans at the same time under the VA 2nd tier eligibility program.   You just simply subtract the actual VA Home Loan Entitlement Amount you used on your previous home purchase  from the new current 2013 VA Loan Limit for the County you wish to purchase in. Of course you must qualify for the 2nd tier Va Loan based on income , credit and debt ratios etc. It is nice to know that even though you may have had to rent your home in another state you still have another VA Home Loan available to you ! Call Me today if you need help in calculating your remaining VA Home Loan Eligibilty amount!


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