Annie Sells Texas

Are VA Loans Assumable in Fort Worth? Why It Matters for Sellers & Buyers Are VA loans assumable in Fort Worth? Yes, VA loans are assumable under certain conditions. This means a buyer can take over the seller’s current VA loan, including the existing interest rate. In a rising-rate environment, this can be a huge advantage for both Fort Worth homebuyers and sellers. Annie Sovereign explains how it works and when it makes sense. What Does It Mean to Assume a VA Loan? Assuming a VA loan means the buyer takes over the seller’s current mortgage—including the remaining balance, interest rate, and terms. This is particularly attractive when interest rates are higher than the existing loan’s rate. In Fort Worth, where rates have fluctuated post-2022, this option can save buyers thousands. Who Can Assume a VA Loan? - Any buyer can assume a VA loan with lender and VA approval - The buyer does not need to be a veteran - The buyer must meet credit and income requirements ...

  Is a VA Loan a Good Idea in 2025? Fort Worth Market Insights from Annie Sovereign Is a VA loan a good idea in 2025? Yes, a VA loan remains one of the most cost-effective ways to buy a home in 2025—especially in Fort Worth. With lower interest rates, no PMI, and flexible qualification guidelines, it’s a smart option for eligible military buyers. Annie Sovereign and the Sovereign Elite Group break down how today’s market makes VA loans more valuable than ever. Why VA Loans Still Make Sense in 2025 Despite changing interest rates, VA loans continue to offer key benefits: - Lower average interest rates compared to conventional loans - No down payment required (in most cases) - No private mortgage insurance (PMI) - Flexible credit score requirements   These advantages hold strong value in competitive markets like Fort Worth, especially with rising home prices. Fort Worth Housing Trends: Why Now Matters In early 2025, the average home price in Fort Worth ...

  Can You Use a VA Loan for a Second Home in Fort Worth? Annie Sells Texas Breaks It Down Can you use a VA loan for a second home in Fort Worth? No, VA loans are for primary residences only. You can’t use a VA loan to buy a second home or vacation property. However, if you’re relocating and plan to make the new home your primary residence, the VA loan benefit can apply. Annie Sovereign helps military buyers understand these nuances across Fort Worth and surrounding areas. Understanding VA Loan Occupancy Requirements VA loans require the borrower to **occupy the home as their primary residence**. This means you must intend to live in the property within 60 days of closing. Using a VA loan to buy a second home, investment property, or vacation house—even in Fort Worth—is not allowed under VA guidelines. What Counts as a ‘Primary Residence’ in Fort Worth? - The home must be your main place of residence - You must plan to move in within a set time (usually 60 days) - ...