VA Home Loan Prequalification Worksheet

[Pages:2]VA Home Loan Prequalification Worksheet

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Family Size 1 2 3 4 5 Over 5

Residual Incomes by Region For loan amounts of $79,999 and below

Northeast

Midwest

South

$390 $654 $788 $888 $921

$382 $641 $772 $868 $902

$382 $641 $772 $868 $902

Add $75 for each additional member up to a family of 7

West

$425 $713 $859 $867 $1,004

Family Size 1 2 3 4 5 Over 5

Residual Incomes by Region For loan amounts of $80,000 and above

Northeast

Midwest

South

$450 $755 $909 $1,025 $1,062

$441 $738 $889 $1,003 1,039

$441 $738 $889 $1,003 $1,039

Add $80 for each additional member up to a family of 7

West

$491 $823 $990 $1,117 $1,158

Northeast: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont

Midwest: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin

South: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, Puerto Rico, South Carolina, Tennessee, Texas, Virginia, West Virginia

West: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming

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