Using a VA home loan to buy rental properties

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You can't count tenant rent toward income
You can't count tenant rent toward income | Wayne Barrett & Anne MacKay/

You can't count tenant rent toward income

To get a VA loan for a multi-family building or a home with an apartment attached, the numbers have to work without factoring in tenant rent.

Applicants "have to qualify on standing income alone," says Kevin Parker, assistant vice president of field mortgage operations for Navy Federal Credit Union.  

The lender wants to be sure that you'll be able to make those payments every month with or without renters.



Brought to you by Veterans United Home Loans Veteran Homebuyer Central Veterans and military members have access to one of the most powerful homebuying tools on the market – the VA loan.
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