How Many Times Can You Use a VA Loan?February 11, 2014/in Frequently Asked Questions, Products, Tips, VA Loans
Picture this scenario which happens more than you may think. A service member is being PSC’d to another duty station and wants to buy another home. Maybe even the Veteran just wants to buy a bigger house in another neighborhood. BUT, what if the current home can’t sell, so it needs to be rented? Or the owner just wants to rent out the home for investment purposes. Plus, the current home has a VA loan on it already. So the question is asked, “How many times can you use a VA loan?” or “Can I use VA again to buy a home and rent out my other home?”.
How Many Times Can You Use a VA Loan?
Actually it is possible to have a second…