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
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
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.
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.
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.
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 |
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