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have to move but still paying on VA home loan. No spouse

by 417inwoods120 from Macomb, Missouri. Jan 1st 2018 Reply


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Jan 1st 2018
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,651 contributions

So what is your question?

Jan 2nd 2018
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,259 contributions

Are you asking about using VA again? If so, then VA does allow you to use your "Remaining" entitlement to purchase another home with no down, but the guidelines are slightly different.. In short, you are allowed to have two VA loans at the same time.. but we need much more info to advise you.. What will you be doing with the exiting home? Rental? How much did you pay for it?.. What is the remaining balance? What price range are you looking at now? etc, etc, etc.. With out more info, it's impossible to advise you.. so I suggest you contact a mortgage banker/broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with a Banker/Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Jan 4th 2018
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Sara Deere (Saraloveshomeloans)
#39 ranked lender in Kansas - 528 contributions

Much more information is needed. I am able to help right away. You can contact me at 816-739-6279 or saradeere.leader1.com.

Jan 5th 2018
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