Can I purchase again using my VA benefit after having a VA loan foreclosure?
The answer is yes! As long as the Foreclosure took place more than 2 years ago and the Veteran is able to provide a signed letter of explanation going over the extenuating circumstances which led up to the foreclosure and how things have improved since. The circumstances which led up to the foreclosure must clearly…
Read MoreCan you use a VA Loan more than once?
A VA loan can be used multiple times as long as the loan is used for a purchase or refinance of the Veterans primary residence and there must only be one VA insured loan at a time. Whenever a VA loan is paid off thru either sale or refinance, the Veteran would need to apply…
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