A veterans entitlement may only be restored after his or her VA loan is assumed and the one who assumes the loan is not a veteran.
Is this fact true or false ?
Please take your time. The solution is posted below the wildlife photo.
One of the conditions for restoration of entitlement is that the new borrower must be a veteran and agree to substitute his or her entitlement for the original borrower's entitlement.
If the parties meet the specifications for qualification, and loan payments are up to date, and the new borrower is approved, the original borrower will obtain a restoration of entitlement.