Seller Requesting a Leaseback Beyond the 60-Day Occupancy Requirement

Question: VA requires the borrower to occupy within 60 days of closing, but the seller has a new construction home that is not ready for another 30 days beyond that.  Will VA allow any additional time frame? Answer: It looks like a leaseback will be fine with a letter of explanation in the file that […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top