Veterans with VA mortgages might have their VA mortgage assumed by somebody else, also known as a VA loan presumption. A buyer takes over the loan if your plans, goals, or needs changed and you need to get out of a VA loan one option is to sell your home but an alternative option is an assumable mortgage.
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A VA loan presumption occurs when a customer gets control of duty for the buyer was provided by a mortgage is authorized for a financial loan. Continue reading “VA Loan Assumption. Veterans with VA mortgages may have their VA mortgage loan thought by somebody else, also referred to as a VA loan presumption.”