Hello everyone,
New to the military, really want to use the VA loan to purchase a house. I am currently stationed oversea and want to purchase a home using the VA Loan because of the 0 down payment. I have heard different idea about the occupancy requirement for a VA loan. Since I am station oversea and will not be able to live in the house physically, is there any wavier for this? I am single and the house is for my parent to live in.
Thank you all for you input.
Posted by NotchTan
2 Comments
You will not be able to use the VA loan and not live in it.
> the house is for my parent to live
You can’t purchase a home for someone else to live in using a VA Loan.