Va Entitlement Worksheet PDF Details

The Va entitlement worksheet form is an important document to have when applying for Veterans Affairs (VA) benefits. It helps you gather all the information needed to complete your application and speeds up the process. The form can be downloaded from the VA's website or accessed online. You can also get a paper copy by calling 1-800-827-1000 or visiting your local VA office. The worksheet asks for personal information, such as your name, date of birth, and Social Security number, as well as details about your service history, discharge status, and disability rating (if any). Make sure you fill out the form completely and accurately to avoid delays in processing your application.

Here is some data that might be beneficial if you are looking to determine how long it will take you to fill out va entitlement worksheet and how many PDF pages it includes.

QuestionAnswer
Form NameVa Entitlement Worksheet
Form Length1 pages
Fillable?Yes
Fillable fields143
Avg. time to fill out28 min 51 sec
Other namesva bonus entitlement worksheet fillable, va entitlement worksheet 2021, va entitlement worksheet fillable 2020, va entitlement worksheet fillable 2021

Form Preview Example

VA Entitlement Worksheet

Borrowers:

__________________________________________

 

 

 

 

 

Loan #

_______________________________________

 

 

 

 

 

VA Case #

_________________________________

 

 

 

 

 

ENTITLEMENT

 

 

 

 

 

AMOUNT

 

 

 

 

 

 

 

 

1a.

Enter $36,000 entitlement for all loans < $144,000, or

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1b.

Enter 25% of the VA County Loan Limit for a 1-Unit Single-Family residence

 

 

 

$

 

for loans > $144,000.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

Less used entitlement (if applicable)

 

-

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.

Entitlement available for new loan

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MAXIMUM LOAN AMOUNT COMPUTATION

 

 

 

 

 

 

 

 

 

 

 

4.

Lesser of property value per NOV or Sales Price

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

Multiply by 75%

 

 

x

$

 

 

 

 

 

 

 

 

 

 

 

 

 

6.

Plus available entitlement (Take from line 3 above)

 

+

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7a

Maximum Base Loan Amount* (the lesser of Line 4 or Line 6), or

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7b

90% of NOV for regular/cash-out refinance (100% permitted if new mortgage

 

 

 

$

 

will be to payoff existing eligible liens only) or the amount from Line 6,

 

 

 

 

 

whichever is less.

 

 

 

 

 

 

 

 

 

 

 

7c.

Applicable loan amount from either 7a. or 7b.

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

REQUIRED CASH DOWNPAYMENT COMPUTATION

 

 

 

 

 

 

 

 

 

 

 

 

8.

Lesser of property value per NOV or Sales Price (Take from line 4)

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.

Less maximum Loan Amount (Take from line 7c)

 

-

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10.

Required Cash Downpayment/Equity

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GUARANTY PERCENTAGE ON PROPOSED LOAN AMOUNT COMPUTATION

 

 

 

 

 

 

 

 

 

 

 

 

11.

Entitlement (Take from line 3)

 

 

 

 

$

 

 

 

 

 

 

 

 

12.

Plus required cash downpayment/equity (Take from line 10)

 

+

 

$

 

 

 

 

 

 

 

 

13.

Total of line 11 plus line 12

 

 

 

 

$

 

 

 

 

 

 

 

 

14.

Divide line 13 by Property Value per NOV or Sales Price on line 4

 

(÷)

$

 

 

 

 

 

 

 

 

15.

Guaranty Percentage (cannot be less than 25%)

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes:

The maximum entitlement available to the veteran from the VA is the amount of guaranty or insurance benefit based on a Federal Housing Finance Agency (FHFA) one-unit, primary, single-family residence limit, regardless of the number of units in the property.

If the purchase price does not exceed the VA County Loan Limit, the total loan amount, less any financed funding fee, may never exceed the maximum VA County Loan Limit.

VA has very limited categories of loans considered eligible for Other Refinance option. Review the subtopic “Other Refinance” within the “Refinance” topic in the VA product description to determine eligibility for a rate/term refinance.

COR 0341 (03/03/17)

How to Edit Va Entitlement Worksheet Online for Free

There isn't anything complicated about filling in the va bonus entitlement calculator once you open our PDF editor. By simply following these basic steps, you'll get the fully filled out PDF in the least time frame feasible.

Step 1: Select the orange "Get Form Now" button on this webpage.

Step 2: Once you enter the va bonus entitlement calculator editing page, you will find each of the actions you can undertake regarding your file at the top menu.

Prepare the va bonus entitlement calculator PDF by entering the data meant for each area.

example of empty fields in va entitlement worksheet 2020 excel

Write down the necessary details in MAXIMUM, LOAN, AMOUNT, COMPUTATION Multiply, by REQUIRED, CASH, DOWN, PAYMENT, COMPUTATION and Less, maximum, Loan, Amount, Take, from, line, c part.

stage 2 to entering details in va entitlement worksheet 2020 excel

It is vital to provide some information inside the space Required, Cash, Down, payment, Equity

va entitlement worksheet 2020 excel RequiredCashDownpaymentEquity fields to fill out

Step 3: Click the Done button to confirm that your finalized form could be exported to each electronic device you want or delivered to an email you specify.

Step 4: Have a copy of each separate form. It would save you time and make it easier to remain away from difficulties as time goes on. Also, your information isn't going to be distributed or viewed by us.

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