Yes, assumptions are allowed with restrictions. Please see if you have your Mortgage and Note from your last financing transaction and I'll be happy to review it further offline. You can contact me directly via this website. Thank you. Steven Ceceri
There are some restrictions but certainly check your documents from your the purchase or your last refinance.
If your VA loan is assumed, that portion of your VA entitlement will be in use until the loan is paid in full. Once paid, you can get that portion restored.
First, how old are you? are you planning to use your VA benifts in the near future to buy a home? are you having situations with your mortgage paying on time? if so, i might have a alternative solution for you... linda yourloanpartnerforlife@live.com
Generally speaking, yes. The assumption is "with qualifying", so check with your current lender for exact rules, and qualification guidelines. For new VA loans in MN or WI, go to www.va-irrrl-loan-mn.com
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