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2. Mortgage assumption - Wikipedia

   en.wikipedia.org/wiki/Mortgage_assumption

   VA Loans - All mortgages executed after March 1, 1988, require that the buyer be creditworthy to assume a seller’s mortgage. If a VA Loan is being assumed by a veteran with a home loan eligibility, the seller may also request to have their eligibility re-instated upon completion of the assumption.

3. VA loan - Wikipedia

   en.wikipedia.org/wiki/VA_loan

   A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

4. Assumable mortgage: What is it and how does it work? - AOL

   www.aol.com/finance/assumable-mortgage-does...

   In most cases, the mortgage lender has to approve the assumption, and typically will hold the new borrower to the loan’s eligibility requirements. Mortgage Up until the 1980s, assumable ...

5. VA loan benefits and disadvantages - AOL

   www.aol.com/finance/va-loan-pros-cons-180505984.html

   While loan assumptions require extra steps — the lender must approve, and the seller has to keep their full VA loan entitlement (which impacts future home purchases) — they can be an excellent ...

6. VA loans: What they are and how they work - AOL

   www.aol.com/finance/va-loans-200043770.html

   Learn more: VA loan requirements for 2024. VA home loan pros and cons. For those who are eligible, VA loans have many benefits, but they also have drawbacks to consider. Pros of a VA loan.

7. How to get a VA home loan - AOL

   www.aol.com/finance/va-home-loan-194111486.html

   Key takeaways. VA loans are available to active-duty military personnel, veterans and surviving spouses who need to finance a home purchase. You must provide a VA-approved lender with a ...