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Updated over 4 years ago, 06/26/2020
VA purchase loan for 4 unit when i live in 2 unit
I just recently got my VA loan eligibility cert. for a 15 or 30 year 100% financing loan for a 1-4 unit with a couple Credit unions quoting me 2.75%
Obviously I really want to use this but I want to buy a 4 unit. Problem is I own multiple 2 unit houses and live in one of them. The loan is for an owner occupy only and I am willing to do that. But I'm getting pushback from underwriters on going from a 2 unit to another multi unit and especially from a 2 to a 4. Does anyone know ANY workarounds??
Thanks!