Lets talk about how much a qualified veteran can borrow on a VA home loan. The http://www.directvaloans.com VA loan FAQ video series addresses the commonly asked question, What's the most I can borrow with a VA mortgage? First we need to look at entitlement. This is the VA guaranteed amount, and is typically 25% of the loan. Each veteran receives basic entitlement of $36,000 and this is for a loan up to $144,000. With many home values now exceeding that amount bonus entitlement of $68,250 now comes into play. When added to a basic entitlement qualified veterans now have $104,250 worth of entitlement for loans between $144,000 and $417,000. Of course ability to pay determines how much entitlement can be used and how much a VA lender will lend. For the complete video series and to find more answers to your most commonly asked VA loan questions at http://www.directvaloans.com/VA-Loan-Questions/Default.aspx.
