Conventional One-Time Close Construction Loan: 2026 Requirements, Process & Costs
A conventional one-time close construction loan combines interim construction financing and the long-term mortgage into one transaction that closes before the build begins. Instead of arranging a short-term construction loan and applying for a separate permanent mortgage later, the borrower, builder, plans, budget, land, and as-completed property value are reviewed upfront. That single-close structure can […]
VA Loan Second Job Income Requirements: 2026 Rules, 2-Year History & Calculation Guide
Second-job income can help you qualify for a VA home loan, but the Department of Veterans Affairs does not let lenders count every extra paycheck automatically. Under the current VA Lender’s Handbook, income from part-time work, second jobs, overtime, and bonuses is generally considered stable and reliable only after it has continued and been verified […]
Can You Get a VA Loan With PCS Orders? 2026 Requirements, Occupancy & Entitlement Guide
Yes, you can use a VA loan while moving under Permanent Change of Station (PCS) orders, and you can begin the mortgage process before you report to the new duty station. PCS orders do not create VA eligibility by themselves, but they can be important evidence of where you are being transferred, when your assignment […]
Best Home Builders in Texas: Quality, Craftsmanship, and Trust You Can Count On
Texas is a state known for wide land, strong communities, and a deep sense of independence. From growing cities like Austin and Dallas to quiet Hill Country towns, homes in Texas reflect pride, strength, and long-term value. Because of this, choosing the right home builder in Texas is one of the most important decisions a […]
Can You Get a VA Loan With a General Discharge? 2026 Eligibility Guide
Yes, many Veterans with a general discharge under honorable conditions can qualify for a VA-backed home loan because VA generally treats honorable, under honorable conditions, and general discharges as satisfying the basic character-of-service requirement. But the discharge label is only one part of eligibility: you must also meet the minimum service rules that apply to […]
VA Loan Child Support Income: Can It Help You Qualify in 2026?
Child support can affect a VA mortgage application in two very different ways: support you receive may help you qualify as income, while support you are required to pay is treated as a liability. Under current VA underwriting guidance, child support received can be included in effective income only when it is verified and likely […]
VA Loan for an ADU: 2026 Eligibility, Appraisal & Financing Guide
A VA loan can finance a primary residence that includes an accessory dwelling unit, but an ADU adds property-classification, appraisal, zoning, and financing questions that should be resolved before you make an offer or start construction. Under current VA appraisal guidance, a true ADU includes kitchen, sleeping, and bathroom facilities and is part of the […]
VA Loan Leave and Earnings Statement (LES): 2026 Requirements, Rules & Checklist
A Leave and Earnings Statement, or LES, is one of the most important income documents for an active-duty service member applying for a VA home loan. Under current VA underwriting rules, an active-duty applicant uses a military LES instead of a standard verification of employment, and the document generally must be dated within 120 days […]
What Is a DSCR Loan? 2026 Guide to Requirements, Formula, Pros & Cons
A DSCR loan is an investment-property mortgage that qualifies primarily from the rental property’s cash flow instead of using the borrower’s personal income to calculate a traditional debt-to-income ratio. For residential DSCR programs, lenders commonly compare qualifying monthly rent with the property’s monthly PITIA payment, which includes principal, interest, taxes, insurance, and applicable association dues. […]
VA Loan Gift Funds in 2026: Rules, Gift Letter Requirements & How They Work
VA loan gift funds can reduce the amount of cash a Veteran, service member, or eligible surviving spouse needs to bring to closing, but the money must be a true gift rather than a hidden loan. Current VA underwriting guidance requires a written gift letter and a clear record showing that the funds were transferred […]