Mortgage Tip of the day - VA Loan Eligibility
If husband and wife buyers both have VA eligibility, neither one has ever used their entitlement, and they are getting 100% financing, it is to their advantage to have just one of them use their entitlement on the purchase (they can still both be on the note and the deed). If they ever buy another primary residence at 100% financing, they can use the other's entitlement for the subsequent purchase. The advantage is that the VA funding fee is lower for first-time use of the entitlement.