A key feature of VA loans is the entitlement, which is basically the amount of the loan that the VA will guarantee to the lender if you default. There are two types of entitlement:Basic entitlement: up to $36,000 for loans worth less than $144,000, or 25 percent for loans of that amount or more.Bonus entitlement: Up 25 percent of the Federal Housing Finance Agency (FHFA) loan limit, minus the basic entitlement.For those who need to purchase a home that costs more than $144,000, the bonus entitlement can be used. Before applying, check the FHFA website for more information on the loan limits in your area.