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Duplex loan available through VA?

I found a duplex that actually fits in my budget and hoping I can get it financed with VA loan - WHOLE duplex would be owner occupied as I'll be "giving" the smaller adjoining quarters to my adult son with disabilities. by christenson880001876 from Los Alamitos, California. Sep 12th 2014 Reply


William J Acres (William_Acres)
#1 ranked lender in Arizona - 7,797 contributions

Yes, you can use VA financing to purchase a duplex.. so long as you intend on living in one of the units, you can do it.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Sep 12th 2014
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David Schwartz (davids)
#477 ranked lender in California - 24 contributions

That is an easy answer. Yes. Team has been a purchase lender in the southland since 1969. We are happy to help. I can be reached at 714-227-5087, David Schwartz.

Sep 12th 2014
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Dave Metsker (DaveMetsker)
#38 ranked lender in Oregon - 2,317 contributions

Yes, as long as you can cover your payments on your income. You may need to show the market value of the rent on son's side on the application.

Sep 12th 2014
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Nick Hannemann (nhannemann)
#504 ranked lender in California - 4 contributions

You are fine utilizing your VA for the purchase of a duplex as an owner occupied property. For a quick and easy prequalification call 714-941-0816.

Sep 12th 2014
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John Burke (jburke)
#1 ranked lender in Texas - 183 contributions

Hi Christenson, As long as you qualify this is no problem at all.Please feel free to contact me for more information or help. John Burke | Senior Mortgage | Great Plains National Bank | http://www.valoansdoneright.com | (877)228-9069 | Lending in ALL 50 states |

Sep 15th 2014
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