Video Transcript:
Your VA loan entitlement isn't the total money you are allowed to borrow. It is the specific amount the VA promises to pay if you can't. I’m David Ghazaryan, and I build the plan for these exact situations. You can keep your first house and still buy another using your VA benefit. The system uses simple math. We take your total benefit for your new county, then we subtract the amount used on your old home to see what’s left. That leftover amount is your new power. We multiply that number by four to find out the new home price you can buy with zero down payment. When you sell that first home and pay off its loan completely, your entire benefit is reset. Your full buying power comes back for your next move. This structure is fundamental to your mobility. For a complete guide and ongoing analysis, see the links in the description and follow my social platforms.
Read Blog Here: https://www.iqratemortgages.com/blog/restore-your-va-loan-for-a-houston--dallas-home-purchase
