Can You Get Another VA Loan Even If You Have A Delinquency

Can You Get Another VA Loan Even If You Have A Delinquency

A big question on the minds of  Veterans who have taken advantage of obtaining a VA home loan, is, "I still owe the VA from a prior home loan.  Can I get another VA loan even if I have a deliquency?"  Answer?  YES!  The amount you owe would be taken off the max loan amount given by the VA and you may make a purchase with that remaining amount and STILL HAVE THE DELIQUENCY.  If you want to purchase a home for more than the allowable loan amount, then you may pay off the deliquent amount, or pay cash for the amount above the loan given.

This is a huge advantage for Veterans.  If you have a delinquency but wish to buy another home, call me today and I can help you get started on the process.  Owning your own home is a major benefit, do not miss out on it if you do not have to.

Call me today!

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Phone: 909-228-2728
Dated: June 16th 2015
Views: 248
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