Leaving active duty, VA home loan/funding difficulties

[Chris Piette]

Good afternoon BP!

As the title states I am soon to be leaving active duty with the Marine Corps after 8 years and will be moving back the the great state of Wisconsin, Green Bay to be specific.

Scenario:

I have about 8 months left and am looking to finance a duplex using my VA home loan, with the intent of house hacking it..

I recently closed my first conventionally funded investment property in Milwaukee, so currently I don’t have the funds to just run a conventional loan “house hack”.

I have submitted pre approval requests to 4-5 VA loan-friendly lenders and each one is denied for the same reason as the last... They see that I am leaving active duty and immediately say no thank you, call us back 6-12 months after your "change of industries". Fair enough, I can understand that in the eyes of the lender i'm just a dude about to quit his job looking for a loan. However, not only am I not a fan of the "no" word, I'd still very much like to have a home to move back to next summer.

I am curious if there’s anybody out there who has experienced this scenario, and would love to know if anyone has any advice,tips or tricks to get this ball rolling.

Thanks in advance!