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5 min read May 22, 2023

How Many Times Can You Use a VA Loan?

VA loans provide a valuable opportunity for active duty service members, veterans, and eligible surviving spouses to achieve homeownership.

In this guide, we explore the benefits and eligibility requirements of VA loans. Empowering individuals to make informed decisions and leverage this exclusive lending program.

Can you get a VA loan more than once?

Yes, it is possible to obtain a VA loan more than once. Eligible veterans and service members can utilize their Veterans Affair loan benefit multiple times throughout their lives.

As long as they meet the eligibility criteria and adhere to certain guidelines. This flexibility allows individuals to take benefits of VA loans for subsequent home purchases or refinancing. It makes it a valuable option for long-term homeownership and financial flexibility.

To qualify for subsequent VA loans, borrowers need to satisfy the minimum service requirements. It includes a minimum length of active duty service or a certain number of service days for National Guard and Reserve members.

Additionally, borrowers must have their full entitlement available or have restored it was partially used in a previous VA loan.

It’s important that while the Veterans Affair allows multiple uses of the VA loan benefit, there are limits to the amount of entitlement. It surely can be utilized for subsequent loans.

Loan amount limits, down payment requirements, and entitlement restoration may be factors to consider when using VA loans multiple times.

By offering the multiple loans, the VA provides veterans and service members with increased flexibility and opportunities for homeownership. Also allows them to take benefits and support provided by the VA loan program throughout their lives.

How many VA loans can you have at one time?

There is no set limit on the number of VA loans that eligible veterans and service members can obtain. If borrowers meet the eligibility to the guidelines set by the Department, then they are eligible for multiple VA loans.

A scenario in which you might have multiple loans open at once

One scenario where a borrower might have multiple VA loans open simultaneously is if they purchase multiple properties using VA loans as their primary residences.

For instance, a veteran could use a VA loan to buy a home and later decide to retain it as an investment property. While using a second VA home loan for their new primary residence. This allows them to maintain ownership of both properties with separate VA loans.

What Is A VA Loan Entitlement?

VA loan entitlement refers to the dollar amount that the Department of Veterans Affairs (VA) guarantees to a lender in the event of a borrower’s default on a VA loan.

It serves as a financial safeguard for lenders, encouraging them to provide favorable terms and conditions to eligible borrowers. This entitlement amount varies based on factors like borrower’s military service history and loan limits in the area. Whether it’s the borrower’s first or subsequent use of the VA loan benefit.

The VA loan entitlement is a percentage of the loan amount, with the VA guaranteeing a certain portion of the loan. For example, if this loan entitlement is 25%, the VA would guarantee 25% of the loan amount, reducing the lender’s risk.

This allows borrowers to obtain favorable loan terms, competitive interest rates and no requirement for private mortgage insurance (PMI). I t also gives possibility of financing up to 100% of the home’s value without a down payment.

In summary, VA loan entitlement provides a valuable financial guarantee that enhances access to homeownership for eligible veterans and service members.

How to Apply for Another VA Loan?

To take out a second Veterans Affair loan, follow these steps:

  1. Determine Eligibility: Confirm that you meet the eligibility requirements including having sufficient remaining entitlement and meeting the minimum service requirements.
  2. Obtain a Certificate of Eligibility: Request a COE from the Department of Veterans Affairs (VA) to verify your eligibility for a second VA loan. You can apply online through the eBenefits portal or work with a VA-approved lender who can assist in obtaining the COE on your behalf.
  3. Choose a Lender: Research and select a VA-approved lender who specializes in VA loans and has experience with multiple VA loans. They will guide you through the loan application process and ensure you meet the necessary requirements.
  4. Complete the Loan Application: Submit a complete loan application to the chosen lender, providing all the required documentation, such as income verification, credit history, and property details.
  5. Loan Processing and Underwriting: The lender will process your loan application, verify the information provided, and assess your creditworthiness. They will also order a VA appraisal to determine the value of the property.
  6. Closing and Funding: Once the loan is approved, schedule a closing appointment where you will sign the necessary loan documents. The lender will disburse the funds, and you will become the owner of the new property with your second VA loan.

It’s important that eligibility requirements, loan limits, and entitlement availability may vary. It advisable to consult with a VA-approved lender who can provide personalized guidance based on your specific situation.


In conclusion, eligible veterans and service members have the opportunity to obtain multiple VA loans, providing flexibility for subsequent home purchases or refinancing.

However, it’s important to consider factors such as remaining entitlement, loan limits, and eligibility criteria for subsequent loans. A VA-approved lender who specializes in VA loans can help in the process and ensure a smooth experience in obtaining multiple VA loans.

Frequently Asked Questions

1. What is VA loan?

A VA loan is a mortgage program for veterans and active-duty military personnel with favorable terms.

2. Who can use a VA loan?

Veterans, active-duty service members, and eligible surviving spouses can use a VA loan.

3. How many times you can use a VA loan?

There is no specific limit to the number of times you can use a VA loan.

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