Assuming a VA Mortgage - Have a Question!

[Gregg Heminger]

Hi all!

We have made it through the first 4 months of a nice 4-plex and are ready to make an offer on another unit in town. We have a lead on a nice property that is a VA loan - complete with assumption possibility. Both my son and I are veterans with plenty of room on our benefits, but are running into an issue with the seller's lender not wanting to allow us to assume. It is through USAA - does anyone have any experience when dealing with USAA on such a mortgage? If so, please enlighten us.

Thank you.

[Chris Mason]

I've never personally met someone that successfully assumed a VA loan, just lots of internet talk.