Real estate blog entries tagged with income by Justin Williams

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Home : Blogs : Justin Williams - Loan Officer : Just-In-Time Loans : Tag "income"

income: VA Mortgage Quick Tip: BAH and BAS Income - 09/05/08 11:34 PM

Military Mortgage Progam - VA Loan Quick Tip
When calculating income used to qualify for a VA Mortgage, make sure you are working with a Mortgage Expert that can analyze your income correctly.
Many mortgage professionals fail to calculate the correct income on LES Statements.
A LES statement is a Leave and Earnings statement. This is the best summary of all income.
The 3 main entitlements on the LES are Base Pay, BAS and BAH.
Your Base Pay should NOT BE THE ONLY income to qualify for a house. If just your base pay is used you could lose … (13 comments)

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