Is assuming a VA loan as a non-vet feasible?

[Max Reynolds]

Wondering if anyone has done or knows if assuming a VA loan as a non-vet is feasible?

[Reid Chauvin]

I don't know about 'feasible' unless the individual transferring the loan to you is someone you already know. If you were to assume a VA loan, that veteran would not have access to their VA entitlement until that loan gets paid off (makes it a tough sell for them, unless they have no need to buy another home). Also, you are likely going to have to buy out their equity as part of the transaction, which could be a pretty large chunk of change.