VA continual income guidelines.Qualifying for a VA loan with part-time earnings

VA underwriters perform additional calculations that may influence your home loan approval. Factoring in your calculated month-to-month resources, your approximated taxes on earnings, and also the section of the nation by which you reside, the VA gets to a figure which represents your “true” expenses of residing. It then subtracts that figure from your own earnings to locate your continual income (e.g.; your hard earned money “left over” each month).