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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Oh. Are there some Assumable loans that are open to non VA eligible people? Or should I stop looking at those houses?[/quote]
VA loans can be assumed by civilians.  
For example, I bought a million dollar house (that isn't the current max for a VA loan but the numbers don't matter) and I have a great rate and want to let the next buyer assume it.  If that person also has eligibility, they can take that over and use their own eligibility.  If they do not, I can let them assume my loan but I also give up my eligibility meaning that if I want to get another VA loan for my next house purchase, I likely can't (or don't have the full amount available to me).[/quote]

If you let a non-VA eligible person assume your VA loan, you can’t take another VA loan until the first loan is closed. VA loans are cheaper and require 0 down payment.

Also, if you let a non-VA eligible person assume your VA loan and they default, your VA eligibility is gone forever.

That’s why VA-loan holders look for other VA-eligibles: they can “swap” their eligibility on the loan.[/quote]

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