Va home loan/proof of income.

U

USMC-6531

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PEB Forum Veteran
Registered Member
Hello all,

I was medically retired on March 30th. I'm under contract on a house and my lender is having issues with pre apporval/approval because my claim isn't technically closed and is on the pending final review step. Any idea how long it takes for this to be over?

I also can't even see this claim at all in the va app, only that my propsed rating have been closed.

Also will I recieve any of the military side retirenment pay if my va case doesn't close?
 
USMC-6531 said:
Hello all,

I was medically retired on March 30th. I'm under contract on a house and my lender is having issues with pre apporval/approval because my claim isn't technically closed and is on the pending final review step. Any idea how long it takes for this to be over?

I also can't even see this claim at all in the va app, only that my propsed rating have been closed.

Also will I recieve any of the military side retirenment pay if my va case doesn't close?
Click to expand...
My wife's VA award letter came in 6 weeks after she was medically retired.
 
My timeline was similar to @Provis wife.
 
chaplaincharlie said:
My timeline was similar to @Provis wife.
Click to expand...
I feel like I kinda jumped the gun with a home loan then. The housing loan people with the va said there shouldn't be an issue but now I'm under contract on a house and the lender wants me to wait till I have the award letter to continue with house inspection and all that nonsense. I also can't see this claim in the va app, is that normal?
 
Also I just thought of something. If my va stuff doesn't close by April will I recieve retirenment pay from dfas?
 
USMC-6531 said:
Also I just thought of something. If my va stuff doesn't close by April will I recieve retirenment pay from dfas?
Click to expand...
Pretty long wait on the retirement check since its paid in arrears. Yeah would have been better to wait to make an offer on a house a month or 2 after medically retiring than trying to do it so soon.
 
Work with lender, lay it out for them .
 
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