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Updated 20 days ago on . Most recent reply

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Justin Brickman
  • Realtor
  • San Antonio, TX
267
Votes |
477
Posts

Can Non-Vets Assume VA loans?

Justin Brickman
  • Realtor
  • San Antonio, TX
Posted

Hey all, I have a client that's looking to scale his portfolio and we're looking at Assumable Loans here in San Antonio. When researching online, it looks there are some instances where non-vets can assume VA loans, but the veteran's entitlement would remain tied to the loan.

How common is this and are there ever situations when this a win-win for both sides?

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Justin Brickman Realty
5.0 stars
86 Reviews

Most Popular Reply

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1,004
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1,010
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Gregory Schwartz
  • Rental Property Investor
  • College Station, TX
1,010
Votes |
1,004
Posts
Gregory Schwartz
  • Rental Property Investor
  • College Station, TX
Replied

Pease don’t. 

This ties up the veteran's eligibility, which can have long-term consequences for them. While it might seem like a solution now, it limits their ability to use their VA benefits in the future. These benefits are hard-earned, and taking away their eligibility by assuming their loan isn't a fair trade-off. I'd encourage the veteran to explore other options that don't compromise their future borrowing power.

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Schwartz Realty Group
5.0 stars
68 Reviews

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