res0nzy7 Posted October 22, 2004 Report Share Posted October 22, 2004 How do lenders look at VA disability compensation as income? My job I am in right now gross's $1989.00 monthly, VA compensation at $1220.00 monthly. The disability is not at a permanent status but has been paid to me since 1995 and increases as my condition worsens, right now at 70% disabled. Link to comment Share on other sites More sharing options...
firstsource Posted October 22, 2004 Report Share Posted October 22, 2004 Lenders take the following as income plus .25% (100 = 125.00)SSI, either retirement or disabilityGovernment disablility.It is a great source of stable forever income. You will need to have the back up paperwork showing the time period that the disabliity is good for.Charles Link to comment Share on other sites More sharing options...
res0nzy7 Posted October 22, 2004 Author Report Share Posted October 22, 2004 Thank you for your response. Link to comment Share on other sites More sharing options...
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