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 show that they were out of the Veterans control (severe Illness, Job loss, Etc.).

The VA will more than likely require a small down payment and will have a max loan amount based on the City and State in which the Veteran is looking to purchase(Tier II eligibility).


Andre Enriques has been helping veterans obtain VA Loans across the State of California for over 16 years, specifically in the Chula Vista and San Diego area. For more information about VA Loans, or to be pre-approved today, call us at (619) 208-6499 or fill out the form on this page.

Getting started is easy. We offer very competitive rates, have great service, and always close on time.

Best Mortgage companies in Chula Vista


Andre Enriques
License # NMLS 220937
DRE # 01713544

Contact Us

Andre Enriques Mortgage Banker - VA Loan Expert, a dba of Anchor Funding Inc

Chula Vista Office
Phone: (619) 323-2066
Cell (619) 208-6499
891 Kuhn Drive, Suite #204
Chula Vista, CA 91914

San Diego Office
Phone: (619) 208-6499
6336 Greenwich Dr, Suite A
San Diego, CA 92122

Social Media

More Links

Equal Housing Lender

NOT ALL APPLICANTS QUALIFY. First Priority Home Loans is a DBA of Anchor Funding, Inc. is licensed by The
California Bureau of Real Estate #01276087. FHA Non-supervised lender #00257-0000-5
NMLS #1626581 & #236419
NMLS Consumer Access
Loans made or arranged pursuant to the California Department of Financial Protection and Innovation
California Finance Lenders Law license number 603 L293