A 3rd party broker that specializes in mortgages guaranteed by the US government

Investor Use for government home loans

Occupancy requirements for government insured mortgage products including VA, FHA, USDA, CALVET mortgage products.

Many buyers would like to use their VA benefit to purchase non-owner-occupied property.

A borrower can rent out a home that is financed with a government insured loan. However, a borrower may not use a government insured loan to buy a home with no intention of living in the home.

The rule for VA, FHA and USDA home loans is that the buyer must intend to occupy the property as a primary residence. However, many homeowners who buy a home using a VA loan or other government insured mortgage will eventually move out of their home. If you are purchasing another home, deployed, or move out of your home for any reason, you are allowed to rent out the property.