This post will have a brief description of the VA home loan requirements for income to qualify for a VA loan in California. Of course part of the VA home loan qualification process is providing some kind of stable income source to qualify for VA financing. And below is a partial list of the [...]
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If you are planning on using a VA loan to purchase a property, they very first thing you should do before you begin to spend your valuable time driving around town looking for houses is to get fully approved for a VA loan. There are a lot of details involved when you apply VA loan. [...]
Here is a quick overview of how your income will be analyzed when you apply and are qualified for a VA Loan: Wage earners 2 year history required of income Commission income As the VA lender we will average your last two years of federal tax returns to count commission income. Make sure you check [...]
There are some debt obligations that are often overlooked when you apply for a VA loan. When I say debt obligations, I’m speaking of only the month payments that will be counted as debt in your qualifying ratios for VA loan. More common items counted as debt are car payments, credit cards and student loans. But [...]
