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samesex couples: VA Recognizes Spousal Income In Same-Sex Marriages
- 10/03/13 12:39 AM
VA Recognizes Spousal Income In Same-Sex Marriages In Circular 26-13-18, the Veterans Benefits Administration of the Department of Veterans Affairs announced new lender processing guidelines that allow the income of same-sex spouses to be considered when qualifying veterans for VA mortgage financing. The purpose of this change is to allow the benefits for same-sex married couples to be consistent with the process used for opposite-sex married couples. Previously, if a veteran obtained a VA mortgage loan with anyone other than his or her opposite-sex spouse, VA could only guarantee the veteran’s portion of the loan. VA will now review applications
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