There are two basic parts of VA Loan entitlement that you will need to know. First, is your basic eligibility for the VA mortgage, the other is how much of a VA Entitlement you are due.
If you are a first time home buyer you don’t have to worry about entitlement if you have served enough time in the military. If you are buying your 2nd or 3rd home with a VA Home Loan you may have VA entitlement issues.
How Do I Know If I Qualify for a VA Loan?
If you are a veteran, reservist, or active duty personnel, there is a good chance you are an eligible service member to qualify for a VA Loan. For those that qualify, this is the one of the best and most affordable options available