@VALoanMaster wrote:Hi Newcredvet.
Based on the info you provided, you'll be fine.
Your VA income can be grossed up by 125% BUT that only applies to your debt to income ratios & not your residual income calculations.
What state are you in? Several like Texas, Florida & Illinois will waive your property taxes because you have a 100% service connected disability rating. This can save you thousands of dollars and help with your ratios so you want to make sure you check into that.
I live in Ohio. I still have to pay property taxes, but I would qualify for a reduction with the Homestead Exemption.
