VA – Rental Income Calculation on Exiting Property – How do I calculate rental income for a VA borrower on a departing owner-occupied residence where there is no history of rental income?

Answer: VA does not have an equity requirement for a departure residence when using rental income from that departure residence, to qualify for a new VA loan.  VA does not use the same methodology for rental income on a newly departed residence as they do for an investment property.  You do not use 75% of […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top