can I own more than 1 home on a va loan

Yes, but understand that your VA entitlement is limited to a total combined loan guarantee of $417K. So for example, if you purchased a home for $200K financed through VA, and you currently owe $180K, then you could purchase a $237K home with your remaining entitlement. Understand that within this example, you can purchase a home for more than $237K, but you would need to put 25% of any overage as a down payment.. Example: You have $237K remaining, but you wish to purchase a home for $337K, or $100K over.. in this example, you would need $25,000 down. Also understand that VA is only good for owner occupied primary residence property, so you would need to move into the new purchased home.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347