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Updated over 1 year ago on . Most recent reply

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9
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7
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Brandon Nguyen
7
Votes |
9
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Low purchasing power

Brandon Nguyen
Posted

Long story short. Purchased a townhome 2018 before the military using FHA loan. Joined military 2019 deployed, came back and bought a single family home in 2021 using VA loan. Both are currently being rented. Talked to a couple lenders, haven't really dug too deep but lenders are saying my debt to income ratio is too high causing low purchasing power. Bottom line: how do I get more purchasing power? I have read about people having multiple VA loans and using the rent towards "income". Why can I not do the same?

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