Yes you can…Sometimes! VA allows us to finance up to 4 units using VA financing as long as the borrower will occupy one unit as a primary residence. This would apply to duplex, triplex, fourplex. One parcel, one parcel #. What about condos? A condominium is an individual property in itself with it’s own parcel #. Theoretically, a veteran could purchase 1 condominium owner occupied. All condominiums using VA financing must be prior VA approved.
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Uncategorized • November 16, 2011
Can you use VA financing for a rental home?
by Loren VanCorbach
Uncategorized Why is there no inventory? I hear it often…Why are there no homes for sale in Whatcom County? Many sellers are afraid to list their homes out of fear of selling quickly with no place to move to. Baby boomers are not retiring. Staying in their homes longer means less supply. Remodeling is on the increase as an option to […]