Purchasing A Home After Leaving The Military Key Financial Considerations
Prioritize finding work It’s important to have work lined up before attempting to secure a home loan, since lenders will be assessing your debt-to-income ratio. They’ll also look at your expiration of terms of service (ETS) date; being anything less than under a year away from leaving the service means you won’t be considered as having future income. So, instead, you need either 30 days of pay slips from your new employer or an official letter from your future employer outlining your start date and salary....