FAQs
What is required for a VA Exempt Transfer to a Non-Borrower (Spouse, Child, or Parent)?
- If the assuming party is not on the loan, the following documents are required:
- Driver's License
- Social Security Card
- Recorded Quitclaim Deed
- Homeowners insurance policy that lists only the assuming party as the insured.
- Letter signed and dated by both parties stating they are giving permission to be added to the loan as a financially responsible party.
Download Assumption Scenario for a VA Exempt Transfer for a Non-Borrower (PDF)