Assigning VA assumable loan

[Priscilla Z.]

Hi everyone. I searched and searched but could not find an answer on the forums.

Is it possible to assign a contract for a house with a VA assumable loan, to another Veteran who is going to fill out the paperwork and try to qualify to assume that mortgage?

Any issues with doing this?

How long does it take to find out if the end buyer will qualify to assume the mortgage?

Any input would be greatly appreciated!