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Va Loan For Second Primary Residence. In 2017, regular duty service members with. Yes, you can buy a second home with a va loan.
A second mortgage is a loan using the equity in your home from www.pinterest.com
Like other government mortgage loans, a va loan is only offered for buyers of a primary or principal residence. This allows applicants to borrow a loan of up to $144,000 ($36,000 x 4) without a downpayment. The basic va loan entitlement is.
Say you want to carry two va loans.
Essentially, homebuyers have 60 days, which the va considers a “reasonable. A “reasonable time” means moving in within 60 days of. Like other government mortgage loans, a va loan is only offered for buyers of a primary or principal residence. You can, however, use a va loan for a second home if it will become your primary residence.
