To purchase an extra House with a beneficial Virtual assistant Loan
You’re questioning if it’s you’ll be able to purchasing the second house with a Va Financing. If you are looking to use it due to the fact an investment property otherwise trips home-the solution is no. It is because the new Virtual assistant requires individuals to consume the house to be eligible for a good Va financing. Exactly what in the event the attempting to sell your first residence is impossible and you will want to pick at your brand new obligation station. How does that work?
The fresh Virtual assistant Mortgage program has an effective second-level entitlement or bonus entitlement to have precisely this reasoning. Прочитать блог