Comments on: VA Home Loan for a Duplex

By: H.Gonzales

H.Gonzales — Tue, 09 Mar 2010 17:31:20 +0000

where are your properties located??

4-plex locations.

By: H.Gonzales

H.Gonzales — Tue, 09 Mar 2010 17:30:10 +0000

Where are your fourplex properties for sale located??

Hank

By: Mike Walters

Mike Walters — Fri, 04 Dec 2009 07:09:06 +0000

Hello Rex,
Yes, a conventional loan on a duplex can be paid off with a VA refinance loan (assuming there is sufficient equity). Yes, you can also pull out cash with your VA refinance. The debt-income-ratio will vary relative to the strength of the borrower. Typically we approve “back ratios” of 40 – 45%. We pay little attention to the “front” ratio. Great questions Rex. Keep them coming.

By: Rex Carr

Rex Carr — Fri, 04 Dec 2009 05:43:44 +0000

Very Informative outline for a VA loan. Can a conventional loan on a duplex be converted to a VA loan or a cash out refinance? What are the debt/income ratios on the front end and back end?

By: JoAnne

JoAnne — Tue, 03 Nov 2009 23:02:06 +0000

Thanks “Uma” JoAnne, I’m developing a Page for Veteran’s Interests. Keep watching. These days, veterans need all the help they can get since most homes are being sold by banks and banks don’t appreciate the virtues of VA Home Loans.

By: Mike Walters

Mike Walters — Sun, 19 Jul 2009 16:59:43 +0000

Super’,

My last comment has an oops…”It IS dedicated…”

Thanks for your service to our country.

Mike

By: Mike Walters

Mike Walters — Sun, 19 Jul 2009 16:34:22 +0000

Hey, “Superdupermegapuper”,

Thanks! Watch for my new navigational button “Veterans” coming soon. It will is dedicated to Veterans.

Do you have any particular questions about your VA Benefits?

By: KonstantinMiller

KonstantinMiller — Mon, 06 Jul 2009 23:06:10 +0000

Hello. I think the article is really interesting. I am even interested in reading more. How soon will you update your blog?