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How long does it take to restore entitlement after paying off a VA loan?

by caliaaron234517 from El Centro, California. May 8th 2017 Reply


Rebecca Brown (rbrown@bayeq.com)
#1404 ranked lender in California - 3 contributions

Good Afternoon, My name is Rebecca Brown and I am a VA lender. I can help you do that very quickly! I specialize in Veteran loans and I have a program where I give back to Veterans at closing with my Giving to Heroes program! i would love to speak with you anytime so please feel free to email me at rbrown@bayeq.com or call me at (916) 836-3139 anytime. Thank you and I look forward to speaking with you!

May 8th 2017
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,727 contributions

Once your VA loan is paid off, the entitlement is restored within days.. If you are selling a home and buying a new one, and both loan's are VA loans, then the transaction will be seamless.. I'm a VA specialist and we have the easiest lending process in the nation.. all underwriting and processing is done "in house".. and unlike most lenders, we have no added restrictions or guidelines above what VA calls for.. This will make for a very fast and efficient closing.. I's be happy to assist.. I'm a preferred Lender with California 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

May 8th 2017
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John Burke (jburke)
#31 ranked lender in Texas - 179 contributions

Hi Caliaaron234517,You may not even need to have your entitlement restored depending on how much you have available on your bonus entitlement. If you do need it restored it should be done in 24 hours or less.| Please feel free to contact me for more information or help. | John Burke | Senior Mortgage Banker | Great Plains National Bank http://www.valoansdoneright.com | (877)228-9069 | Lending in ALL 50 states

May 9th 2017
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Not sure about the time frame, however you will have to make a request to re-in-state your eligibility.

May 9th 2017
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Larry Gray (lgray_312_247)
#556 ranked lender in California - 1,126 contributions

You do need to make the request to restore your eligibility, but that will not take long if you have paid of a V A loan. I actually have a VA loan and will be doing a presentation before Veteran's groups in the S F Bay area at the S F War Memorial Building periodically.

May 9th 2017
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