VA home guaranty home loan program

[Kevin Kaczmarek]

One of my clients posed this question to me, and because we never deal in mortgages, I am at a lose. Can anyone provide insight into the VA housing loans to land contract.

"My tenant in the Lyndon House is a veteran's widow. This year new funds have been allocated to the VA for housing loans. This tenant is interested in buying the house under this VA home guaranty home loan program. Do you know anything about this program? And if so, can I sell her the house on a land contract and the Va guaranties the loan and pays me this monthly payment?"