VA – Unemployment Income: Can unemployment income be used to qualify a VA borrower, or used as residual income?

Answer: Unemployment income can only be used when your borrower has a stable history of collecting it due to the nature of their work.  For example, certain trades may only work March-November due to weather.  If your borrower has an established 2-year history of collecting unemployment during the months he’s not working, then VA allowed [...]