refinancing an assumed va loan

Very confusing.. if the borrower was eligible to assume the loan, he would be eligible to refinance the same loan.. so long as he actually "Assumed" the loan with VA's permission.. if the assumption was not authorized by VA, then he could still refinance, but he cannot use VA financing if he does not have VA benefits.. it's a whole different story if you were married to the person with VA benefits, and are no longer married to that person, so much more info is necessary to properly answer your question.. 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. 480-287-5714 WilliamAcres.com

If you do not have VA eligibility, you cannot get a new VA loan. Your options would be an FHA refinance or a conventional refinance. Both would be full credit and value qualifying, meaning you will have to do an appraisal and meet all of the standard guidelines for credit score, Loan-to-Value, Debt-to-Income, etc. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

You must not have truly assumed the loan, you just made the payments for the VA eligible person is that right?

Re-post your question, but please include all the details and everyone in this forum will be able to provide you with more complete and accurate answers that can be helpful to you.

If you are ineligible for VA you can not assume the VA loan. You would need to buy the house with a new loan such as FHA loan. A USDA loan might be possibly if you qualify and the property is in a USDA area.