VA Benefits Income
The following table provides verification requirements for income from VA benefits.
✓ | Verification of VA Benefits Income |
---|---|
Document the borrower’s receipt of VA benefits with a letter or distribution form from the VA. | |
Verify that the income can be expected to continue for a minimum of three years from the date of the mortgage application. (Verification is not required for VA retirement or long-term disability benefits.) |
For additional information, see B3-3.1-09, Other Sources of Income.