I’ve searched and find quite a bit of information on VA assumption as a buyer. However, I’m selling my home due to a PCS and would like to see if y’all have resources as a seller so I’m not taken advantage by a realtor.
TIA!
VA Assumption Loan – Selling Home 2.75% – San Antonio
byu/Valter689 inMilitaryFinance
Posted by Valter689
2 Comments
Can’t remember if it’s civilian or veteran but depending on which one assumes your loan, your money remains locked up. Meaning you can’t get another VA loan or you’ll have very little money to borrow.
You need to verify with your lender that they allow your loan to be assumed, then make sure you advertise it as such.