In this video I explain how bonus entitlement works and is applied using the COE and plugging in the calculation in my spreadsheet. Most folks will use the top calculation but some will have the one below that depending on the location. In Maryland we have Frederick, Montgomery, Prince Georges, Calvert and Charles counties which have higher loan limits so those help use a higher amount to purchase a home with.

If you have any questions please comment below or email me at Jason@navigatormortgagebrokers.com

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