Jan 14 , 2016

Tampa School of Real Estate

Entitlement

Definition:  In a VA-guaranteed loan the maximum amount the government guarantees the lender will be paid in the event the borrower defaults.

Pronunciation:  \en-ˈtī-təl-mənt\

Used in a Sentence:  The certificate of eligibility state the amount of entitlement available to the veteran borrower.

E