Who makes the decision to sign a VA Loan, the wife, husband or both?

2017-03-10T16:49:07-05:00

Response by SGM Erik Marquez made Mar 10 at 2017 4:53 PM

2017-03-10T16:53:01-05:00

That depends on if you both are on the loan, both providing insurance of payback, both providing financial info for the loan consideration.

If the loan request is in YOUR name only and your spouse will not be included as a loan recipient, payee then as I remember, you will only be providing your spouse’s legal info so debt and past financial info can be collected.

In all three of my (our) VA loans, both my wife and i signed, as we were both "taking out a loan" both incomes, both income to debt ratio was considered.

Response by PVT Mark Brown made Mar 10 at 2017 6:06 PM

2017-03-10T18:06:29-05:00

Pretty much me but my wife was ok once she understood the benefits.

Response by COL Charles Williams made Mar 10 at 2017 9:13 PM

2017-03-10T21:13:06-05:00

CPT Joseph K Murdock Both... or you won't be married long...

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Response by MCPO Roger Collins made Mar 10 at 2017 9:35 PM

2017-03-10T21:35:35-05:00

Lots of reasons why to do so, beginning with survivor rights. If anything happens to either of you, the property defaults to the surviving owner. This applies to financial accounts also.

Response by CPT Jacob Swartout made Mar 10 at 2017 10:23 PM

2017-03-10T22:23:26-05:00

My wife and I signed the VA Loan for our house.

Response by SFC George Smith made Mar 10 at 2017 11:06 PM

2017-03-10T23:06:29-05:00

I Did... and she Took the Money and Ran and left me with the bankruptcy...

Response by PO3 Christopher Jonah Nelson made Mar 11 at 2017 12:51 AM

2017-03-11T00:51:54-05:00

In order to qualify for VA guarantee, only the SM *must* sign. The spouse may sign or not, depending on preference. You may not count your spouse's income unless they're included on the credit application. At the time of actual title transfer, you have the option to assign survivor's benefits, regardless of whether or not your spouse was on the loan.

Response by MCPO Roger Collins made Mar 11 at 2017 9:27 AM

2017-03-11T09:27:10-05:00

Funny, I just noticed only a couple people actually answered the question. I normally make all financial decisions after explaining my logic to my wife and getting her buy in. Both sign.

Response by CPT Joseph K Murdock made Mar 11 at 2017 3:39 PM

2017-03-11T15:39:24-05:00

Stupid question: Where do I find a VA Loan officer?