I just received this message from one of my mortgage broker colleagues, Keith Mateo at Home Mortgage Experts. He says permit issues in the past on VA mortgages are a thing of the past! This is significant in Hawaii as homes under $721,050 (the 2017 VA Loan Limit) are typically homes that are more than ten (10) years old. Often homes can be thirty (30) plus years old and ready for renovation or originally a small home with an addition built with no permit or with an open permit. Up til now, VA mortgages could not be originated if the home had a permit issue.
Ronda, VA Permit issues NO MORE!