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Updated over 2 years ago on . Most recent reply

Joshua Hurte's profile image
Joshua Hurte's profile image
Joshua Hurte
  • New to Real Estate
  • from Fall River
  • Member since Feb 16, 2021
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Joshua Hurte's profile image
Joshua Hurte's profile image
Joshua Hurte
  • New to Real Estate
  • from Fall River
  • Member since Feb 16, 2021
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Joshua Hurte
  • New to Real Estate
  • Fall River
1
Votes |
12
Posts
Mortgage Brokers & Lenders

Lenders and VA Loan mortgages

Joshua Hurte
  • New to Real Estate
  • Fall River
Posted

Hey BP members,

I was wondering if there were any lenders or if someone knew of a lender that specializes in VA Loans in the Southern MA area?

Boston, Massachusetts
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Vanessa Ng's profile image
Vanessa Ng's profile image
Vanessa Ng
  • Lender
  • from Nationwide Lender (48 states)
  • Member since Apr 23, 2022
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Vanessa Ng's profile image
Vanessa Ng's profile image
Vanessa Ng
  • Lender
  • from Nationwide Lender (48 states)
  • Member since Apr 23, 2022
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Vanessa Ng
  • Lender
  • Nationwide Lender (48 states)
16
Votes |
43
Posts
Vanessa Ng
  • Lender
  • Nationwide Lender (48 states)
Replied

Hi Joshua,

To my knowledge, you would not have to be a landlord or property manager in order to purchase a multi family home. You do however have to reside in one of the units as VA loans are for primary residences only. However, IF you would like to count the prospective rental income towards your loan for qualifying purposes THEN yes you would need evidence of landlord experience or property management.

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