Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Tag Archives: verifiable income

VA Loans, Income, and Military Benefits

VA Loans, Income, and Military Benefits

When you fill out a VA loan application, if you are a currently-serving military member you're asked to list your income from your military pay and allowances. But the total amount you take home may not necessarily be considered "verifiable"...

Do My Military Allowances Count As Income for a VA Home Loan?

Do My Military Allowances Count As Income for a VA Home Loan?

Military members who apply for a VA loan must submit their income sources--their military pay and allowances, plus any additional income from part-time jobs or other employment-verification by the lender. VA home loan rules say only regular, dependable income to be...