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Full entitlement

The VA home loan guaranty listed on a Certificate of Eligibility. Entitlement is the amount the VA promises to repay the lender if you default. It is not the amount you can borrow. Full entitlement means the COE shows $36,000 of basic entitlement. That figure is the VA’s maximum guaranty on a loan of $144,000 or less. With full entitlement there is no VA loan limit, as long as a lender approves the loan and the appraisal supports the price. On a larger loan the VA guarantees 25% of the loan amount. If basic entitlement is $0, remaining entitlement is 25% of the county loan limit minus entitlement already used, and a down payment covers any gap below a 25% guaranty.

VA loan overview → VA entitlement and loan limits ↗