VA Loans Q&A: All About Entitlement

VA Loans Q&A: All About Entitlement

Today, we’re talking about entitlement as it relates to VA loans. An entitlement in this case is the dollar amount the VA promises to repay the lender in the event you default on your mortgage. Entitlement is a tricky thing to explain and understand. Recently, Quicken Loans hosted a VA loan Q&A on Google Hangouts to try to answer the tricky entitlement question. Read on to find out more.

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Understanding Bonus Entitlement

Understanding Bonus Entitlement

We’ve addressed the topic of whether you can have more than one VA loan at a time in our Google hangout, but the topic is often difficult for many veterans to understand. Because you’re dealing with entitlement and maximum loan amounts, it can seem incredibly complicated, but once it’s broken down, the process isn’t as bad as it first seems

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VA Loan Q&A: Are More Vets Using VA Loans?

VA Loan Q&A: Are More Vets Using VA Loans?

VA loans are a popular choice for U.S. veterans and active duty members, so we partnered with Military.com, the U.S. Department of Veterans Affairs and the National Association of Realtors® for our VA Loan Q&A Google Hangout to make sure that all of the common questions about VA mortgages are answered. It’s a good thing we did, because VA loans are on the rise, with a 50% increase since 2011!

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Short Sale Protection for PCS

Short Sale Protection for PCS

Freddie Mac and Fannie Mae have relaxed their short sale requirements to offer more protection for service members and their families. Under the terms of the new guidelines, military homeowners who have orders to move do not have to be delinquent on their mortgage in order to qualify for a short sale.

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