Military guidelines, regulations, and benefits are introduced each year for everything from Military Pay Charts to your VA Loan benefits. We can help you stay informed.
Do you have outstanding issues on your credit score that are still unresolved? You'll need to start the process of fixing those problems and get them resolved before it's safe for you to apply for a VA mortgage loan.
VA mortgage guidelines require two basic methods to determine if you qualify for a loan. The first is a look at your income--called the residual income method. The second qualification criteria is called the debt-to-income ratio.
When a veteran dies, the surviving spouse is entitled to certain VA death benefits, including any SGLI life insurance arrangement, military burial honors, death pensions for war veterans, and certain VA home loan benefits.