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Updated almost 5 years ago on . Most recent reply
Refinance Out of VA Loan
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.
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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.