In this episode of the VA Home Loan Podcast, we sit down with Michael Fischer, a National VA Home Loan Trainer and Expert, to answer a question many veterans have: Can I have more than one VA home loan at a time? Michael breaks down the specific rules and criteria that allow veterans to potentially have more than one active VA loan. Whether you're a veteran looking to buy a second property or trying to maximize your VA benefits, this episode is a must-listen.
Watch the Video Interview with Michael Fischer Below.
How Can You Have Two VA Loans at Once?
Yes, it's possible to have two VA home loans at the same time, and Michael tells us how! For veterans looking to move to a new home while keeping their existing one, there are ways to use remaining entitlement to purchase a second property. The key lies in calculating how much entitlement remains after the first loan and whether this will cover the new home's value.
Michael walks us through examples of how veterans who relocate due to job changes or family needs might still qualify for a second VA loan. He also covers how the occupancy rule applies and why veterans must still plan to occupy one of the properties as a primary residence.
Why This Matters for Veterans
This podcast is crucial for veterans who might be interested in real estate investing or simply want to know how to leverage their VA benefits to the fullest. Michael provides real-world examples and explains how understanding your entitlement can help you achieve homeownership goals—whether it's your first property or your second. Veterans relocating frequently due to military obligations can particularly benefit from this insight.
If you're a Veteran or a Real Estate Agent and you'd like to be connected to a VA Home Loan Expert simply fill out the form below and one of the Real Estate Daily Magazine Network Lenders will reach out to you promptly.
If you're a veteran interested in using your VA home loan benefits to the fullest, or want more information on qualifying for a second VA loan, contact us today! And don't forget to subscribe to the VA Home Loan Podcast and share this episode with others who may benefit from these insights.
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