How VA bonus entitlement works. Let’s start by assuming your currently posses a property that you bought for $192,000 with a VA mortgage without any down-payment.
That will bring requisite you to utilize $48,000 worthy of of entitlement to buy it, or one-quarter regarding the price.
If you’re perhaps not hoping to promote the house, you might ensure that it stays and rent out it for the time being. Your own continuing to be entitlement facts is found in your certification of qualification (COE).