Updated November 11, 2026
Short answer
Yes. VA lists assuming a VA-backed loan as an option: the buyer takes over the seller's loan instead of getting a new mortgage. VA's funding fee for an assumption is 0.5%.
Sources
VA purchase loan page and VA funding fee chart. Ask a lender about approval and how assumption affects the seller's entitlement.
Talk it through
Buying in Tampa Bay? Krystal Crichlow with eXp Realty works with VA buyers. Anywhere else in the U.S., she can refer you to a VA-experienced local agent at no cost to you. Use the form to tell us where and when.
Disclosure: TheBayPros' owner is related to Krystal Crichlow (eXp Realty), who may be among the agents introduced to you. You can choose any agent you like. We are not a lender and do not make loans. General information from VA.gov; rules change, so confirm with VA and your lender.