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?No
Fillable fields0
Avg. time to fill out15 sec
Other namesva max loan amount worksheet, va entitlement worksheet 2021, calculate remaining va entitlement worksheet, va entitlement calculator worksheet 2020

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)

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example of empty fields in va max loan amount worksheet

Write down the necessary details in Lesser of property value per NOV, Multiply by, Plus available entitlement Take, Maximum Base Loan Amount the, of NOV for regularcashout, Applicable loan amount from either, REQUIRED CASH DOWNPAYMENT, Lesser of property value per NOV, Less maximum Loan Amount Take from, Required Cash DownpaymentEquity, and GUARANTY PERCENTAGE ON PROPOSED part.

stage 2 to entering details in va max loan amount worksheet

It is vital to provide some information inside the space Entitlement Take from line, Plus required cash, Total of line plus line, Divide line by Property Value per, Guaranty Percentage cannot be less, Notes The maximum entitlement, VA has very limited categories of, and within the Refinance topic in the.

va max loan amount worksheet Entitlement Take from line, Plus required cash, Total of line  plus line, Divide line  by Property Value per, Guaranty Percentage cannot be less, Notes  The maximum entitlement, VA has very limited categories of, and within the Refinance topic in the fields to fill out

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