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Updated almost 5 years ago on . Most recent reply

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20
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Damien G.
6
Votes |
20
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Refinance Out of VA Loan

Damien G.
Posted

I have two homes in two different states financed with a VA loan. Is there a way to refinance both of them into one loan that is not a VA loan so that I can have my full entitlement to purchase a house in the state I'm currently in?

I figure that it's not possible due to the different states & the appraisal requirements. Figured I would ask the experts to make sure.

Most Popular Reply

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874
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Guifre Mora
  • Lender
  • San Diego, CA
355
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874
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Guifre Mora
  • Lender
  • San Diego, CA
Replied
Originally posted by @Damien G.:

I have two homes in two different states financed with a VA loan. Is there a way to refinance both of them into one loan that is not a VA loan so that I can have my full entitlement to purchase a house in the state I'm currently in?

I figure that it's not possible due to the different states & the appraisal requirements. Figured I would ask the experts to make sure.

Never seen a portfolio loan with less than 5 properties on it.  

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