Tag
1 article tagged βVA disabilityβ
Many veterans with service-connected disabilities don't realize their monthly VA compensation can strengthen, not just supplement, their mortgage qualification. Because disability pay is tax-free, VA lenders can gross it up by 25 percent, increasing its effective qualifying value. For veterans in Tampa Bay who receive disability compensation alongside military retirement, a civilian job, or as their primary income, understanding exactly how lenders count this income can mean the difference between a loan approval and an unnecessarily tight qualification.