One of the greatest frustration having Va loans is the fact home owners thought Va financing entitlement is only able to be taken once. Which misunderstanding is inspired by the requirement your house getting funded which have good Virtual assistant loan need to be a primary household. Even though this is a true specifications, people don’t understand that they’re not necessary to occupy one hundred % of their eligibility on their first domestic. Provided next home is together with recognized as a number 1 household, it’s possible to money one or more home with Va loans. In reality, the fresh new Virtual assistant has no legislation based on how a couple of times you could potentially make use of entitlement. Using a Virtual assistant financing for 2nd home is needless to say you’ll less than several affairs if you see what’s needed. Continue reading →