How the VA Loan Works: Explaining VA Loan Entitlement (2020)

Описание: A loan entitlement is the amount the Department of Veterans Affairs guarantees for every VA loan issued by private lenders. There are three basic types: Basic, Bonus and Full Entitlement. If you're a Veteran homebuyer, the basic types of entitlement can affect your VA loan eligibility and what type of houses you'll hunt for.

Learn how your entitlement works from Chris Birk, the Director of Education at Veterans United Home Loans and author of "The Book on VA Loans."

Time Stamps
0:13 - How the VA Loan Works
0:20 - VA Guarantee
0:38 - Entitlement
1:05 - Basic Entitlement
1:15 - Second-Tier Entitlement
1:21 - Maximum Entitlement
2:09 - Buying in High-Cost Counties
2:29 - Loan Limits
2:41 - Jumbo Loans
3:04 - Real-World Application
4:02 - More Than One VA Loan

Watch the entire VA Loan Guide to Homebuying here:    • Everything About VA Loans: A Guide to Home...  

More on VA home loan eligibility and entitlement: https://www.veteransunited.com/education

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