Video — Can Divorce Affect Your VA Loan Eligibility?

This video highlights the rules. If a veteran with a spouse purchases a home with a VA loan they are not eligible for another VA loan until that loan is paid in full. If the veterans spouse is awarded the property in a divorce settlement the veterans entitlement cannot be restored and they cant obtain another VA loan until their ex-spouse refinances the property and/or pays off the VA loan in full. If the ex-spouse is also a veteran they may be able to substitute their entitlement; consult with the VA for situations with this level of complexity.