Qualifying if you get (or pay) youngster support/alimony

Qualifying if you get (or pay) youngster support/alimony

Purchasing a home after having a divorce is not any effortless task.

If, ahead of your breakup, you lived in a two-income home, you now have less investing energy and a lowered monthly income for purposes of the VA mortgage loan application.

With less earnings, it could be harder to satisfy the VA mortgage Guaranty’s debt-to-income (DTI) instructions; and, the VA continual income need for your neighborhood. Continue reading