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can my dad and i buy a house together using va loan

by bonn1esh75 from Orlando, Florida. Oct 21st 2018 Reply


As long as it will be your father's primary residence. Also, you cannot be on the loan (you can be on title) unless you're putting down 12.5% minimum.

Oct 21st 2018
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Timothy Sutherland (G_Rate)
#21 ranked lender in Maryland - 3 contributions

If only one of you has VA eligibility then you will need a down payment. If you each have VA eligibility then yes, as little as no money for the down payment

Oct 22nd 2018
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Thomas Dasta (lendfm)
#32 ranked lender in Georgia - 51 contributions

Yes you can as long as he is the one living there. tom@lendfm.com

Oct 22nd 2018
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,471 contributions

Much more info needed.. First, who's the veteran? You, your dad or both? 2nd, why do you need to put your dad on the loan? is it because you have limited or bad credit? is it because your dad's the veteran and you don't want to put anything down? Understand that VA loans are for owner occupied properties only.. If your dad is the veteran and he already has a home but is willing to cosign for you, then this is not allowed with VA since the veteran wont be living in the home.. in all reality... The scenarios are endless.. so it's difficult to guess what your motivation is to buy with your dad.. For this reason, I suggest you contact a local mortgage professional and give him 10 minutes of your time.. once they have all the info, they can advise you to the best loan product for your particular scenario.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Oct 23rd 2018
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,811 contributions

Wow... Some bad answers here. If both of you are veterans, then yes. If you are not both Veterans, then the realistic answer is no. I said realistic answer is no, because while technically possible, it is almost impossible for non-married co-applicants on a VA loan. I suggest contacting your local mortgage broker who does VA loans for a proper review of your situation and what you are attempting to do. For VA loans in MN, WI, and SD, visit me at www.VAMortgageMN.com. NMLS 274132

Oct 25th 2018
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Sunny Singh (916Mortgage)
#351 ranked lender in California - 11 contributions

Joe is absolutely right. Good Job Joe, coming through for the Vets again as always sir!

Oct 28th 2018
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