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The new COE exists on Veterans Factors workplace and your lender will get it on line
Eligible Colorado Land
Just one-house
A flat product
A multiple-equipment property
The fresh new Va makes it possible to purchase as much as a several-unit assets providing you reside in among the many devices. If you’d like to buy an effective condominium it needs to be contained in this a beneficial Virtual assistant-accepted complex.
The fresh Virtual assistant does not allow you to pick investment characteristics thanks to this program. Youre and additionally banned to order property which is zoned given that commercial.
Assets Criteria
If you wish to get one of over assets types for the Colorado, brand new Virtual assistant is not going to allow you to buy just people property. He’s specific standards that have to be satisfied.
New Va makes it necessary that your house is appropriate getting living and it is really worth the price it is being ordered for. An enthusiastic appraiser is required by the Virtual assistant to be sure these standards are accompanied. The minimum possessions requirements are assistance that can help assess the reputation of the home.
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