George Tuma
NMLS: 345062
Cell: 760-519-6595
George@LSFcorp.com
George Tuma
NMLS: 345062
Cell: 760-519-6595
George@LSFcorp.com
Yes, your eligibility is reusable depending on the circumstance. If you have paid-off your prior VA Loan, and disposed the property, you can have your eligibility restored again. Also, on a 1-time basis, you may have your eligibility restored if your prior VA Loan has been paid-off, but you still own the property. Either way, the Veteran must send the Veterans Administration a completed VA Form 16-1880 to the VA Eligibility Center. To prevent delays in processing, it's advisable to include evidence that the prior loan has been fully paid, and if applicable, the property was disposed. A paid-in-full statement from the former lender or a copy of the HUD-1 settlement statement must be submitted.
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Company NMLS: 330462
www.nmlsconsumeraccess.org
277 Rancheros Dr Suite 160,
San Marcos, Ca 92069
Phone: 760-806-3330
George@LSFcorp.com
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