VA loan entitlement cannot be restored after a divorce unless the ex-spouse refinances the property and / or pays off the VA loan in full.

VA LOAN RATES

National Averages for September 23, 2014

30 YEAR FIXED

3.95% Rate
3.96% APR

15 YEAR FIXED

2.875% Rate
3.0% APR
* disclosures

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- Veteran Documents -

Certificate of Eligibility
and DD-214

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Frequently Asked Questions

VA Loan FAQ #6:

I am a veteran who purchased a home with my spouse utilizing my VA eligibility. I am now divorced and my ex-spouse was awarded the home. How do I get my eligibility back?

When the property is awarded to the veteran's spouse as a result of the divorce, entitlement cannot be restored unless the ex-spouse refinances the property and / or pays off the VA loan in full or the ex-spouse is a veteran who substitutes their entitlement.

VA Loan Questions

  1. What is a VA loan?
  2. Is using my VA loan eligibility a good idea?
  3. What can I buy with a VA home loan?
  4. What is the maximum amount I can borrow with a VA home loan?
  5. What can be done when both husband and wife are eligible?
  6. I am a veteran who purchased a home with my spouse utilizing my VA eligibility. I am now divorced and my spouse was awarded the home. How do I get my eligibility back?
  7. I heard the VA has an inventory of foreclosed homes. How can I find out more about this?
  8. What role does the VA play in helping me get a loan?
  9. What are the advantages of a VA loan?
  10. Do I have to take a fixed rate VA loan?
  11. Should I get a pre-approved loan?
  12. How do I get proof of eligibility?
  13. I don't have an honorable discharge, am I automatically disqualified from VA loan eligibility?
  14. What if I can't find my DD214 form?
  15. Is it possible to use my VA eligibility more than once?
  16. What is the one-time exception for renewing VA eligibility?
  17. Can I get eligibility for another VA loan even though I am still working on the first one?
  18. Can I use my VA loan to buy a rental property?
  19. What happens if I file bankruptcy and wish to buy another home at some point?
  20. How is my VA home loan eligibility determined?
  21. Can I get a home equity refinance with the VA?
  22. Am I limited to buying an existing home with a VA loan?
  23. Are there fees associated with my VA home loan?
  24. Who is exempt from paying the VA funding fee?
  25. Can I bring on a co-signer on my VA home loan?
  26. How does the Veterans Benefits Act change my loan process and entitlements?
  27. Can the VA help if I think I may be encountering discrimination in my search for a home?
  28. What if I can't find a house to buy with a pre-approved VA loan?
  29. Can I use a VA loan to buy a reposessed house?
  30. How can I help myself before applying for a VA home loan?
  31. What help does the VA offer in the homebuying process?
  32. Will the VA help if my property is poorly built or defective?
  33. Can I buy a farm with a VA loan?
  34. Can I make a home purchase outside of the US?
  35. What if I die before paying off my VA loan?
  36. Once I sell my property, am I released from my VA loan obligation?
  37. What happens if my mortgage is sold to another mortgage company?