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Real Estate
Reply to "VA Assumable Loan as a Civilian"
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[quote=Anonymous][quote=Anonymous]I posted before we offered our home with an assumable loan. For the right price, we would have been fine parting with our VA eligibility (and TBH[b] we aren’t using it right now - found a loan with as competitive of a rate as VA and didn’t need the low down payment anymore as we’re older[/b]). That price would have been a FULL offer or over. But don’t ask to assume our VA eligibility and offer $100k under…[/quote] I'm a pp that posted we are currently under contract to assume someone's loan. We had a significant down payment a well (over 50%) but for us, the benefit of assuming this VA loan is the lower interest rate. [/quote]
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