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I need to know if a property that I'm wanting to buy is eligible for a VA loan?

The property is on Lake Cherokee, Rusk county Tx.It is a lease propertyThe property is going into foreclosure on 1 Jan 2017Balance on the owners loan is 350KProperty was appraised for 495KMy bid is 275K by gswart63680 from Dallas, Texas. Dec 2nd 2016 Reply


Richard Woodward (RichardWoodward)
#37 ranked lender in Texas - 106 contributions

Almost any property is eligible for VA financing. As long as the property is in good shape it should be eligible for VA financing.

Dec 2nd 2016
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Va is not property specifically unless you are questioning the property condition. I am in Dallas and have a Realtir who specializes in VA so call me at 940-300-8246 and I can go over it

Dec 2nd 2016
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#58 ranked lender in Georgia - 807 contributions

WILL THIS BE YOUR PRIMARY

Dec 3rd 2016
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It will qualify for VA depending on the condition of the property. Give me a call to discuss more if you have additional questions. 832-840-9490

Dec 4th 2016
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Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions

As Richard said almost any property is eligible for VA financing. As long as the property is in good shape.

Dec 5th 2016
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