disability, you may be eligible to receive a monthly compensation payment. You may also be eligible to receive additional compensation if you have a service-connected rating of 30% or higher and have dependents, if you have missing limbs or if your spouse is living with a severe disability. ...
Your maximum annual payment rate increases to $2,901.78 per dependent if you have additional dependents. If you are diagnosed with mesothelioma or lung cancer, your 100 percent disability rating will disqualify you for a VA pension because the income from your VA Disability Compensation will be hi...
If you have a combined VA disability rating of 70 percent or more, you may qualify for individual unemployability. This means that you are compensated at the 100 percent disability rate. You can achieve IU when you have two or more conditions, and at least one of them has a 40 percent ...
Let’s take a look at why all Veterans should apply for a VA disability rating (if they have had any medical or health-related issues in the service), how to apply, VA disability ratings,disability compensation tables, how to add dependents to your VA disability claim, how your VA disabil...
Eligible veterans can qualify for a TPD discharge by providing documentation from the VA that shows a VA disability determination because (1) of a service-connected disability that is 100 percent disabling; or (2) that the veteran is totally disabled based on an individual unemployability rating....
You were separated from service due to a service-connected disability You are an unmarried surviving spouse of a service member who was KIA/POW/MIA Wartime & peacetime periods VA loan certificate of eligibility There’s only one way to be 100 percent sure that you’re eligible to purchase a...
With VA loans, a DTI ratio greater than 41 percent can require closer scrutiny. Veterans should find a balance that works for them and their goals. Monthly Budget Breakdown: Monthly Income$5,417 Mortgage Payment$1,071 Debt Payments$500 Remainder$3,846This is your remaining gross monthly ...
The funding fee varies from 1.25% to 3.3% of your loan amount, depending on down payment size and whether it’s your first or a subsequent VA loan. Note that veterans who are receiving (or eligible for) VA disability benefits may be exempt from paying the funding fee — che...
The funding fee varies from 1.25% to 3.3% of your loan amount, depending on down payment size and whether it’s your first or a subsequent VA loan. Note that veterans who are receiving (or eligible for) VA disability benefits may be exempt from paying the funding fee — che...
The funding fee amount depends on your loan type (home purchase or refinance), your down payment, and whether you've used a VA loan before. For first-time home buyers with zero down payment, the funding fee is 2.3% of the loan amount ($2,300 for every $100,000 borrowed). ...