VA Entitlement Restoration

A one-time restoration of VA entitlement allows a veteran to regain their full VA loan benefit, even if they have previously used it. This can be done without having to sell their current home. The key points about one-time VA entitlement restoration are: - It is a special provision that allows veterans to reuse their VA loan benefit one time, even if they still own a home purchased with a previous VA loan. - This is done by applying for a "one-time restoration of entitlement" through the VA, usually when the veteran is looking to purchase a new home. - The veteran must have fully paid off their previous VA loan in order to be eligible for this one-time restoration. - Once the entitlement is restored, the veteran can then use their full VA loan benefit again to buy a new home, without having to sell their current one. This is an important benefit for veterans who want to take advantage of the VA loan program again, without having to go through the process of selling their existing home first.