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Updated almost 9 years ago on . Most recent reply

User Stats

42
Posts
7
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Michelle Melchione
  • Pueblo, CO
7
Votes |
42
Posts

Combining remaining VA entitlement with FHA for new house?

Michelle Melchione
  • Pueblo, CO
Posted

If we got our current house with a VA loan and have lived in it for a year-and-a-half (since refi) , I believe that satisfies the primary residence requirement . Could we now rent it out and buy a new house using remaining VA entitlement and having the rest on an fha loan? We would be living in the new house. And then what would be the options for pulling out equity of the now rental house?

Or could we pull out the equity first without restarting the occupancy requirement?

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