Can I Get My Eligibility Restored To Use For A New Loan

Dated: 06/24/2016

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Can I get my eligibility restored to use for a new loan?

I sold the property I obtained with my prior VA loan on an assumption. Can I get my eligibility restored to use for a new loan?

In this case the veteran’s eligibility can be restored only if the qualified assumer is also an eligible veteran who is willing to substitute his or her available eligibility for that of the original veteran. Otherwise, the original veteran cannot have eligibility restored until the assumer has paid off the VA loan.

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Patricia Moore

“Once I started helping other families like my family, I found my passion for real estate. I like helping families find that house – the one that they didn’t think was possible for them to own, ....

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