Chris Birk, Director of Education at Veterans United Home Loans, introduces the concept of intermittent occupancy guidelines.
Intermittent occupancy allows buyers to move forward with a VA loan even if they can’t maintain a physical presence at the home on a daily basis. This often applies to veterans working overseas as civilian contractors, but every prospective buyer’s situation is different. Lenders evaluate occupancy scenarios on a case-by-case basis.
Time Stamps
0:11 - Primary Residence Requirements
0:25 - Exceptions
0:33 - Intermittent Occupancy
0:54 - How the VA Determines Occupancy
1:44 - Confirmation of Occupancy
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Equal Opportunity Lender
26 авг 2024