What are the occupancy requirements when assuming a VA mortgage?
Can I assume a VA loan for a vacation home or investment property? by BMitch_752_808 from Ocala, Florida. Oct 9th 2012
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
Primary residence only... 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. 480-287-5714 WilliamAcres.com
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions
NO. VA required occupancy as a primary residence. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950
Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions
VA loans are for primary residence. Suggest you talk directly to the lender currently servicing the mortgage, ultimately it will be up to them. Good luck!
Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions
I seriously doubt it. I doubt you will be able to assume the loan period. Speak with the lender to see what they say. If they will not allow you to assume it give us a call and we will see if we can help you get a mortgage on it. 201-962-3555 Team@BestMortgageOption.com
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