I also suggest looking at the actual VA loan terms on the official government website, https://www.benefits.va.gov/homeloans/purchaseco_e... , that will get you started but you'll have to dig around in there. 

One last thing is if you are working on a specific deal, bring some specifics about it, as you may also be able to announce that. 

So if that helps resolve the income issue, you then are still looking at minimum loan amounts of $75,000.00Also, its best to look at the tax returns and officially determine there is a debt ratio problem before going to these programs.

The offer was accepted but she was waiting on the paper work for it to be official to let me know.  

Last time I dealt with Lexington officials 2003 I found them reasonable as long as I did my research and knew the zoning and building codes.

I did some research on the official website about R5 zoning and didn't see anything that said I can't do it.

They will also now consider alternative proof of income rather than just your notice of assessment from CRA.Also that announcement was from CMHC for insured mortgages.

Relax, you're fine.As with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the same individuals in an official capacity (e.g.

Once I announced that I would require an application fee and run credit/criminal background checks, the calls dropped to a few a week.

@Stephanie Stevens You should have no liability on the gas bill since that runs with the person whose name it is in but with the water I would have to ask you if you officially got deeded the property or not?