residual income: VA Residual Income Calculations - 06/29/07 02:49 PM
In the late 80's, as we became more and more automated, the VA established qualifying ratios and set them at 41%.  Prior to that time we approved a VA loan using the Residual income method.  Basically this required the LO to calculate the Service Members tax burden and then net out his … (15 comments)

 
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Bruce Bourgault, Vice President, Mpro

Honolulu, HI

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