Can You Have More Than One VA Home Loan At The Same Time?

a brand new manufactured home on spacious property

It’s not common, but yes, there are scenarios that allow VA borrowers to have two or more VA loans active at the same time. The typical situation is when a VA homeowner has been reassigned to a new duty station and they’ve decided to convert their primary residence into a rental.

The determination of eligibility is based on a calculation of Guarantee:

Here’s how the math works, assuming you’re buying in San Diego County with a loan limit of $562,350

  • $562,350 X .25% = $140,587.50 Maximum Guaranty
  • $140,587.50– $36,000 (entitlement you have used on the other VA property) = $104,587.50
  • $140,587.50 X 4 = $418,350

If you already have one VA loan, the maximum zero down payment VA loan that you can qualify for in San Diego County is $418,350. You can purchase a property above this amount as long as you provide a down payment. Each county in California has its own VA loan limit, so the calculations will differ.

Please contact Chad Baker with any questions on using your VA eligibility to purchase your first or second home.


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Chad and The Chad Baker team really helped me from start to finish with my loan process. They were extremely responsive and provided me updates on a daily basis. I had a few personal issues that they helped me work through so I could get the best loan program and best rate. Very knowledgeable about the industry, rates and trends.I HIGHLY recommend Chad and his team. I’m happy to offer a reference upon request. Please ask Chad for my contact information.”

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My husband and I found Chad through an article he had written. Every aspect of working with Chad and his team was exceptional. From our initial phone call where he explained the many options we had, to advice he gave in dealing with somewhat challenging sellers, and closing our loan ahead of schedule, the loan process with Chad and his team went very smoothly. I especially appreciated the one-on one guidance from Juliann, who really made me feel like I was her only client. I look forward to working with Chad and his team again and would highly recommend them to anyone looking for a mortgage.

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Chad and his team have been a pleasure to work with. I’m a 3rd time home owner. Wish I had known Chad and team a lot sooner. He made my 3rd home purchase very easy. There were a lot of moving pieces and they handled with professionalism and care. Juliann was a pleasure to work with too. The whole team made it possible for us to move into our dream home. Thanks you Chad and Team!

I hope you enjoyed reading this article. It's my goal to keep you updated with the latest real estate mortgage news. I'm proud to provide you with 100% original and unique content. Subscribe now to get high quality real estate mortgage content and articles delivered directly to your inbox. Chad Baker is Regional Manager for Cross Country Mortgage. Chad is consistently recognized in the top 1% of mortgage originators in the United States 2011-2019. Got a question for Chad? Call (858) 353-8331 or submit your question online