USDA Guidelines & Rules / USDA Zero Down Loans

Can a Military Homebuyer Stationed In One City Buy In Another?

February 1, 2011 at 4:23 am By admin

Today I had to confirm with my USDA Underwriter that a Veteran based out in Kansas could purchase an *OWNER OCCUPIED* home here in California using the USDA Zero Down loan. And as I indicated, the answer was yes. USDA doesn’t disallow Veterans stationed in other States from purchasing where their family is.
Of course I had to furnish my Underwriter with adequate documents as to the Veteran homebuyer’s home town/residency etc.

Tags: military homebuyer, owner occupancy USDA, owner occupancy VA, relocation VA loan, VA deployment mortgage, Veteran mortgage deployed