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Updated over 6 years ago,
VA Loan on Multi units
Hey BP members,
Can you exceed the VA loan limit when buying more that one unit (duplex, 3 plex, or 4 plex). I have heard it both ways... so I am trying to find someone who has actually bought a multi family unit that exceeded the single unit VA loan limit? I think there is a note in the underwriting guidelines that says for VA loans to use the single unit loan limit but people adamantly say that it can be increased per unit.
Thanks for the input!
Tony