Friday, December 13, 2013

Kentucky VA Residual Income Requirements for a VA Home Loan Approval

Kentucky VA Residual Income Requirements for a VA Home Loan Approval 



 
Table of Residual Incomes by Region for loan amounts of $79,999 and below
Family Size
Northeast
Midwest
South
West
1
$390
$382
$382
$425
2
$654
$641
$641
$713
3
$788
$772
$772
$859
4
$888
$868
$868
$967
5
$921
$902
$902
$1,004
over 5
Add $75 for each additional member up to a family of 7.
Table of Residual Incomes by Region for loan amounts of $80,000 and above
Family Size
Northeast
Midwest
South
West
1
$450
$441
$441
$491
2
$755
$738
$738
$823
3
$909
$889
$889
$990
4
$1,025
$1,003
$1,003
$1,117
5
$1,062
$1,039
$1,039
$1,158
over 5
Add $80 for each additional member up to a family of 7.



********South Region is Kentucky



Joel Lobb
Senior  Loan Officer
(NMLS#57916)

American Mortgage Solutions, Inc.
800 Stone Creek Pkwy, Ste 7,
Louisville, KY 40223

 phone: (502) 905-3708
 Fax:     (502) 327-9119

 Company ID #1364 | MB73346