va disability payments: VA Loans and Verifiable Income: Disability Payments
- 06/22/12 12:46 AM
A reader asks, “Can VA disability payments be considered as income, also I’ve read somewhere that VA loans to disabled vets are different.”
VA loans for veterans with VA-recognized disabilities are different because the Department of Veterans Affairs allows these vets to apply for a waiver of the VA loan funding fee. This waiver is not automatic and the veteran borrower must have evidence that the VA recognizes his or her condition. Basically a veteran receiving, or eligible to receive VA compensation for a service-related medical condition is eligible to apply for the waived funding fee.
On disability payments as … (2 comments)
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A reader asks, “Can VA disability payments be considered as income, also I’ve read somewhere that VA loans to disabled vets are different.” 
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