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VA maintenance and utilities

Dec

2013

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VA Loans: What Are Shelter Expenses and Residual Income?

Date: 10 Dec 2013

Posted by: Brian Thomas

Comment: 2

VA loans are different than other types of mortgages, especially when considering the fact that they offer 100% financing. While the VA does not actually make loans, they do guarantee lenders that, in the event of a borrower’s default, the losses will be covered. Keeping this in mind, VA loan underwriting is somewhat different from […]

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VA maintenance and utilities

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VA Loans: What Are Shelter Expenses and Residual Income?

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