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Could I buy property that has 2 buildings on it that is zoned industrial that will help grow my business with a VA loan?

by wamovers443 from Westfield, New Jersey. Jan 3rd 2016 Reply


Timothy Howard (timehoward)
#117 ranked lender in Arizona - 159 contributions

Probably not.

Jan 4th 2016
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William J Acres (William_Acres)
#75 ranked lender in Arizona - 8,728 contributions

NO.. VA loans are for owner occupied primary residence properties.. There might be some commercial financing available to vets, but typically, it's like an SBA type loan where you cannot purchase real estate with the loan unless you're purchasing a business that has real estate as part of the package.. in your scenario, you already own the business.. so your going to need to find a commercial lender.. try Scotsmanguide.com. There you can type in your loan parameters and get a list of lenders willing to do your scenario.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Jan 4th 2016
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