How often will lenders check your income?

[Michael Cote]

I'm looking at purchasing a home before I go to school here in a few months. I currently work full time and can definitely afford to buy, but I'll be working much less once I'm actually in school. The thing is, it's not like I won't be making enough money once I'm in college to make the mortgage payments, as I'm a veteran and will be using my GI Bill to attend school. Essentially, I'll be getting paid about $1,300 a month just for attending school as a housing allowance from the military. Unfortunately, these payments don't count as qualifying income in the eyes of a lender. Unless I do a bank statement loan? Anyways, I'm trying to figure out how long of a window I have to buy the house. Do lenders check RIGHT before you close? Is it a month before? Any guestimate would really help me.