The only bad part about assumption is that the VA eligibility stays with the loan, so that the person from whom you are assuming the loan can't go out and get another VA Loan and their eligibility is stuck …

Welcome to r/VAConstructionLoans, a community dedicated to helping veterans navigate VA construction loans. Find accurate information, expert advice, success stories, and support for your …

Jan 4, 2023 · My bank loan officer had me fill out all the paperwork to get myself the title "VA APPROVED BUILDER" Did a traditional construction loan, but we're going to roll it over into a VA …

The VA doesn’t approve loans or assumptions, they just guarantee them and set the guidelines. Individual lenders, investors, and in this case the servicer are responsible for approving the loan or …

VA Mortgage Rate Reduction What rates are y’all getting for VA IRRRL’s right now? My current VA loan is 6.5%/6.843% bought in November 2022 owe about $380k. Has anyone had a good experience …

Nov 28, 2022 · I don’t do VA specific loans but as a borrower I’m familiar with them. Some can manually underwrite for 550-580. As someone that deals w/ commercial lending, I would sit down with you and …

Sep 5, 2023 · Use me because I specialize in VA loans, and even if you dont use me, use someone who specializes in VA loans because there are so many awesome hacks to the VA loan that if your …

Jun 1, 2023 · VA loans are assumable (though lenders aren’t required to allow it) but there are some drawbacks like you may not be eligible for another VA loan until the original one is paid back. …

An often missed detail with VA loans- You can assume a VA mortgage, but need to be VA qualified. If you are not VA qualified, you can continue to use the VA certification of the original borrower BUT …

Aug 24, 2023 · Veterans United does not offer VA Construction loan that's a true construction to perm loan. As others have mentioned they do more of a two close setup where you get a separate …