VA – Non-Veteran Co-Borrower: Can a Veteran get a VA mortgage if the co-borrower is not a spouse or a veteran?

Answer: When a veteran borrower and a non-veteran or non-spouse borrower do a VA loan together it is called a Joint Loan. On a joint loan, the veteran borrower’s VA entitlement will only provide the necessary 25% guaranty on the veterans 1/2 of the loan.  The 25% guaranty for the non-veteran borrower’s 1/2 of the [...]