Posted on: 20th Jan, 2010 05:14 pm
my ex signed a quitclaim deed, signing the house over to me. we have a va loan but he was the vet. i have to get his name off the loan or refinance(according to divorce decree). can i keep the va loan? how do i go about doing this? i have made all payments for over a year.
Welcome williamsda,
VA loans are given to United States veterans and service persons. There are various eligibility criteria to qualify for a VA loan. You can check out the given page in order to know more about it:
http://www.mortgagefit.com/va-loan.html
If you do not satisfy the required criteria, you will not be able to qualify for a VA loan. In that case, you'll have to go for a conventional or FHA loan.
VA loans are given to United States veterans and service persons. There are various eligibility criteria to qualify for a VA loan. You can check out the given page in order to know more about it:
http://www.mortgagefit.com/va-loan.html
If you do not satisfy the required criteria, you will not be able to qualify for a VA loan. In that case, you'll have to go for a conventional or FHA loan.