How Many VA Loans Are You Allowed to Have at One Time in Phoenix? The simplest answer to the above question is “as many as you want.” When lenders look at the limits on conforming loans in your particular county and your entitlement, they can assist you with a VA loan to purchase a home. Depending on the situation, you can even have 2 VA loans at the same time. However, you need to understand a few things about lenders and entitlement when you want to take out another home loan. As was mentioned above, you can have as many of these loans as you desire provided the lender will approve multiple home loans. But, you may be required to make a down payment if there’s no entitlement remaining. This means the Federal Government won’t back or guarantee your second loan and you’ll be required to come up with a portion of it yourself. However, you are allowed to take advantage of all US Government entitlements that are provided in order to obtain an additional VA loan. Rather than worry about this and those other closing costs, those entitlements can go towards covering your VA funding fee. Keep this in mind whenever you’re considering approaching your lender for an additional VA home loan. https://www.google.com/maps?cid=6744959272592205627