Video Transcript:
The VA loan requires you to live in your home almost immediately. But military orders mean you might be far away when the house closes. I'm David Ghazaryan. I solve this exact problem every day. The VA has a special rule allowing your spouse to move in for you first. The single most important paper you have is your official PCS orders. These orders prove to the lender that your delay is for military duty. Since you cannot be there to sign the final papers, you will need a special tool. It is called a Specific Power of Attorney for closing. What happens if your arrival gets delayed even longer than you first expected? You must tell your lender immediately and show them your new official orders. This entire system is built on clear rules that protect your VA benefit. For the full article, please check the links you will find in description.
Read Blog Here: https://www.iqratemortgages.com/blog/va-loan-occupancy-in-california-can-a-spouse-satisfy-it
