Spouse able to pay closing costs on VA loan?
Is this allowed? She is not going to be on the actual mortgage because her fico is just too low. by greerartura7863834 from Beaumont, Texas. Aug 1st 2014
Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions
Yes, this is an acceptable source.
MIKE CONVIN (mconvin)
#6 ranked lender in Delaware - 202 contributions
hi:this is possible but ask if seller will assist in closing cost assistance or we can help also if needed. Lending Nationwide ...(Mike 703 505 5300) NMLS 754874..let us know how to earn your business.
Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions
Sure, and if it is a joint account there is no issue. If in a separate account you may need a gift letter to meet the lender requirements.
John Burke (jburke)
#27 ranked lender in Texas - 321 contributions
Hi Greerartura, Thank you for your service. Yes, your spouse can pay the closing costs. You may need to provide a gift letter but it's not a problem. Please feel free to contact me for more information or help. John Burke | Senior Mortgage | Great Plains National Bank | http://www.valoansdoneright.com | (877)228-9069 | Lending in ALL 50 states |
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