" Freeing Up " VA Loan by ........

[Michael Dunn]

Good Evening,

Can someone please shed some light as to if the Following scenario would work..........

Say you use your VA Loan to purchase your Primary Residence

So after the 1 year mark is up , could you then Refinance OUT OF your VA Loan and into a Conv. Loan , thus " Freeing Up " your VA loan, so that you can now use it again to Purchase your Second Primary Residence with nothing down ?

Thank you for the help