Escrow & Title
A Utah property sale where the buyer assumes a VA loan requires:
ANo approval—VA loans are freely assumable without restriction
BVA lender approval and potentially the seller's release of liability✓ Correct
CFHA approval before assumption
DA new appraisal at the buyer's expense
Explanation
VA loan assumptions require approval by the VA lender and can be assumed by non-veterans. The original veteran borrower remains liable unless the VA releases them from liability as part of the assumption.
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