2nd tier entitlement calculator


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  • How is the VA second tier entitlement calculated?

    The VA typically guarantees a portion of your loan.
    As a result of the guarantee, second-tier entitlement amounts as 25% of your total loan amount.
    You may only borrow the amount that you are qualified to receive and you can get an estimate for how much different types cost using our calculators.

  • How do you calculate entitlement?

    To find out how much of your entitlement you've used, simply multiply your loan amount by 0.25.

    1Loan Amount × 0.25 = Entitlement You've Used.
    2) County Conforming Loan Limit × 0.25 = Maximum Entitlement.
    3) Maximum Entitlement − Entitlement You've Used = Remaining Entitlement.

  • What is entitlement code 05?

    A VA entitlement code of 05 is typically an indication that you've used your VA home loan benefit at least once before.
    The entitlement code of 05 simply states that your entitlement has been “restored” allowing you to use your VA loan benefit again.

  • New Conforming Loan Limits 2023 VA is $726,200 and goes up to $1,089,300 for high-cost counties for one-unit properties.
    New Conforming Loan Limits 2023 Virginia for 2-unit properties is $929,850 and goes up to $1,394,775 for high-cost counties.

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