With VA loan assumption this is the burning question for many veterans. The http://www.directvaloans.com VA loan FAQ video series addresses the commonly asked question, When someone assumes my VA loan, is my name removed from the loan? The original VA borrowers name is removed from the mortgage and their name is replaced with that of the buyer when a VA loan is assumed. The responsibility for the mortgage payments is then assumed by the buyer and the sellers credit is no longer tied to the loan. For the complete video series and to find more answers to your most commonly asked VA loan questions visit http://www.directvaloans.com/VA-Loan-Questions/Default.aspx.
