What are the requirements to 'assume' an FHA or VA loan.Are both FHA and VA loans assumable. What are the methods of the assumption. Would I have to apply and be qualified or can I simply take over a loan that exists and begin making payments through a title transfer or deed of trust? Can the title company execute that kind of transaction. I'm trying to invest without using my credit in these situations. If I can't assume the loan without a loan application and credit check is it possible to simply have the owner of the property and the loan sign and deed of trust or some other instrument of transfer and I simply begin to make the payments through?????the title company or and escrow fund or??? I would presume that the deed of trust transaction would be an issue for the origianal owner if they were to apply for another loan in so much that they would have an existing loan in their name?Is there a safe opportunity to be a co-borrower here on a short term, ie 3 years with a buy out of the other person's interest in the property or does that also post to my credit limiting my ability to invest in other properties base on personal credit, LTV and AGI???February 08 2009 - Boise00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.