Menu
VA Loans And Divorce

How Does Divorce Affect VA Loan Re-Eligibility?

How Does Divorce Affect VA Loan Re-Eligibility? Unlimited Mortgage Lending
How Does Divorce Affect VA Loan Re-Eligibility? This video highlights the rules. If a veteran with a spouse purchases a home with a VA loan they are not eligible for another VA loan until that loan is paid in full. If the veteran’s spouse is awarded the property in a divorce settlement the veteran’s entitlement cannot be restored and they can’t obtain another VA loan until their ex-spouse refinances the property and/or pays off the VA loan in full. If the ex-spouse is also a veteran they may be able to substitute their entitlement; consult with the VA for situations with this level of complexity.
Share post
Share on facebook
Share on twitter
Share on linkedin

Check if you Qualify for a Loan

Before you start shopping for a home, you need to know exactly how much you can actually qualify for.

Answer 6 simple questions to make sure that you meet the simple basic requirements to qualify for a mortgage.  Once in our “Exclusive Pre-Qualifying Mortgage Calculator,”  all you have to do is plug in your numbers to see if you qualify.  This calculator is based on the income, debt, and purchase price that you enter and will show you if you qualify or not for a Conventional Mortgage Loan or an FHA (Federal Housing Administration) Mortgage Loan.

Search Posts

Recent Posts

Subscribe!

  • This field is for validation purposes and should be left unchanged.

Have a Question? Talk to Our Expert.

Unlimited Mortgage Lending is here to help. If you have any questions about your dream house loan program, never hesitate to call.

Skip to content