Should i Score a beneficial Va Financing for an additional House?

Should i Score a beneficial Va Financing for an additional House?

One of the largest confusion which have Virtual assistant fund would be the fact property owners envision Virtual assistant financing entitlement can just only be studied immediately following. It misunderstanding arises from the requirement that household being financed that have a good Virtual assistant loan should be an initial quarters. Even though this try a real criteria, people don’t know they loans Waldo FL aren’t necessary to account for one hundred % of their qualification on their very first domestic. As long as next residence is in addition to defined as an excellent top home, you can finance one or more house or apartment with Va funds.

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