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Explore This Is EXACTLY How Much Home You Can Afford Using A VA Loan with 100K Income with 31,917 views, 917 likes, and 90 comments. Experience the impact of this video content that has captured audience attention.

Are you a veteran first time home buyer interested in buying a house using an va loan in the 2024 housing market but unsure how much home you can afford with a 100K salary? How do you calculate your debt to income based on the VA loan requirements for 2024? In this video, we are going to discuss how much you can afford to purchase making 100K income using the latest 2024 VA Loan Requirements, answer some common questions around VA and show you how to do some basic VA calculations with regard to the funding fee. ⏩VA Loan Benefits Explained https://youtu.be/C3nvQnjU8Ac ✅ - Work Directly with My Team (Mortgage and Real Estate Nationwide) - http://www.jebsmith.net/referral?video=7O66D6LWcxU 🏠 - First Time Home Buyer Course - http://www.becominghomewise.com Other VA videos you may find Helpful: ⏩5 Things You Should Know About VA Loans- VA Mortgage - https://youtu.be/QVzfbjVrGVA ⏩Why are Sellers Are Rejecting FHA & VA Loans - https://youtu.be/peGfKdklacE What is a VA loan? A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs Check your VA Eligibility - https://www.va.gov/housing-assistance/home-loans/eligibility/ VA Approved Condo List - https://lgy.va.gov/lgyhub/condo-report VA loan requirements 2024 ✅Active Duty or Served 90 Continuous Days/Met length of service requirements which is generally 90 days in wartime and 181 days in peacetime/completed 90 days of active duty or 6 creditable years in selected reserve or national guard/surviving spouse of a veteran who died while in service or from a service related disability and have not remarried. ✅ FICO® score at least 580 (there are exceptions but they come with a cost) ✅ No Down Payment Required ✅MIP (Mortgage Insurance Premium ) is NOT required on VA Loans. ✅Debt-to-Income Ratio less than 41%. (Actually you can go much higher than this) ✅Condos have to be VA approved ✅The home must be the borrower's primary residence. ✅Borrower must have steady income and proof of employment. Jeb Smith (Huntington Beach Realtor/orange county real estate) DRE 01407449 Real Broker ➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith ➡T I K T O K➳ https://www.tiktok.com/mrjebsmith #housingmarket2024 #RealEstate #VA

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