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Would I Qualify For A Va Home Loan? (going To The Va Later Today)?


I just wanted to get an idea of whether or not I qualify for a VA home loan before I actually went to the VA so I don’t waste my time or anybody else’s. I’m 22, fresh out of the military (honorable regular ETS – 3.5 years), a full time college student using the GI Bill (and receiving BAH from it), and I admit that I really don’t know anything about buying a house.
I want to buy a house that costs $100,000 even. The house has been on the market for a while and has had its price cut down several times in the last year or so. There’s nothing wrong with the house, it’s just old (built in 1941).
I have great credit and no criminal record or anything (still hold my secret security clearance from the military). I can make payments no problem at all, but the problem is that I’m self employed and the majority of my income is from my VA disability pay ($395/month) and my GI Bill BAH ($2406/month), so I can’t really show them any paystubs or anything like that for when they ask for proof of income or whatever.
Is there any way that I could still get a VA loan to buy this house?
Thanks!

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