{"id":2554,"date":"2015-12-02T15:55:02","date_gmt":"2015-12-02T15:55:02","guid":{"rendered":"http:\/\/teammovemortgage.com\/?p=2554"},"modified":"2020-07-13T22:35:25","modified_gmt":"2020-07-13T22:35:25","slug":"va-loan-high-debt-ratio","status":"publish","type":"post","link":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/","title":{"rendered":"Active Duty, First Time VA Buyer.  Unbelievable VA Success Story"},"content":{"rendered":"<figure id=\"attachment_2555\" aria-describedby=\"caption-attachment-2555\" style=\"width: 495px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2555 size-portfolio\" src=\"https:\/\/teammovemortgage.com\/blog\/wp-content\/uploads\/2015\/12\/What-does-success-look-like-495x400.jpg\" alt=\"Check out this success story for this VA purchase! High debt ratio and under 640 scores closed quick\" width=\"495\" height=\"400\"><figcaption id=\"caption-attachment-2555\" class=\"wp-caption-text\">Check out this success story for this VA purchase! High debt ratio and under 640 scores closed quick<\/figcaption><\/figure>\n<h1>First Time VA Loan Buyer Options<\/h1>\n<h2>Under 640 score, over 55% debt ratio, <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\">VA home loan <\/a>purchase that needs to close in 33 days?&nbsp; No way?&nbsp; Yes, Way!!<\/h2>\n<p>&nbsp;<\/p>\n<p>So often there are times when someone has some hurdles to overcome when purchasing a home and our team is one that will figure out a way to make the loan work if it can be.&nbsp; We were just recently faced with the following scenario:<\/p>\n<ul>\n<li>620 credit score<\/li>\n<li>57% debt ratio<\/li>\n<li>No money down<\/li>\n<li>Active duty service member<\/li>\n<li>First time buyer<\/li>\n<li>Need to close in 33 days<\/li>\n<\/ul>\n<p>The buyer provided us with everything requested up-front which allowed us to obtain underwriting approval in plenty of time prior to closing to make everyone feel at ease.&nbsp;&nbsp;We were able to prove a rent history from the buyer which was paid on time and the mortgage payment is only $80 more per month than the rent which was a huge compensating factor.&nbsp; Also, we were able to figure a little known way to increase the service member&#8217;s nontaxable income to get the debt ratio lowered to a better level.<\/p>\n<h2>The end result is that we received the final approval for this <a href=\"http:\/\/teammovemortgage.com\/va-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><strong>VA<\/strong><\/span><\/a> home loan purchase and the file is closing on-time with the closing disclosure to the buyer over 3 days prior to closing!<\/h2>\n<p>[av_button_big label=&#8217;Become our next success story! Contact us today&#8217; description_pos=&#8217;below&#8217; link=&#8217;manually,http:\/\/teammovemortgage.com\/contact-us\/&#8217; link_target=&#8217;_blank&#8217; icon_select=&#8217;no&#8217; icon=&#8217;ue800&#8242; font=&#8217;entypo-fontello&#8217; custom_font=&#8217;#ffffff&#8217; color=&#8217;theme-color&#8217; custom_bg=&#8217;#444444&#8242; color_hover=&#8217;theme-color-subtle&#8217; custom_bg_hover=&#8217;#444444&#8242;][\/av_button_big]<\/p>\n<h5><em>Team Move&nbsp;lends in&nbsp;areas such as Wilmington, Leland, Hampstead, Jacksonville, Camp Lejeune, Whiteville, Shallotte, Southport, Elizabethtown, Lumberton, Fort Bragg, Pope Air Force Base, Sanford, Fayetteville, Southern Pines, Pinehurst, Rockingham, Raleigh, Cary, High Point, Garner, Smithfield, Clayton, Asheville, Asheboro, Rocky Mount, Wilson, Burlington, Kannapolis, Goldsboro, Hickory, Wake Forest, Salisbury, Matthews, Charlotte, Monroe, Statesville, Shelby, Lexington, Boone, Morganton, Cornelius, Holly Springs, Fuquay Varina, Kernersville, Kinston, Greenville, Outer Banks, Greensboro, Winston-Salem, Durham, Chapel Hill, Burgaw, Castle Hayne, Holden Beach, Supply, Ocean Isle Beach, Sunset Beach, Hubert, Tabor City, Carolina Beach, Kure Beach, Laurinburg, Topsail Beach, North Topsail Beach, Surf City, Sneads Ferry, Richlands, Lake Waccamaw, Wrightsville Beach, New Bern, Oak Island, Saint James, Wallace, as well as the rest of NC.&nbsp; North Myrtle Beach, Myrtle Beach, Conway, Loris, Little River, Longs, as well as the rest of South Carolina,&nbsp;Virginia, and Georgia<\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>First Time VA Loan Buyer Options Under 640 score, over 55% debt ratio, VA home loan purchase that needs to close in 33 days?&nbsp; No way?&nbsp; Yes, Way!! &nbsp; So often there are times when someone has some hurdles to overcome when purchasing a home and our team is one that will figure out a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,97,17,167,40,48],"tags":[22,23,93,9,10,11,12,166,13,98,16,310,18,311,102,544,20,47,49,21],"class_list":["post-2554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1st-time-buyers","category-interesting","category-products","category-success-stories","category-tips","category-va-loans","tag-credit-reports","tag-credit-scoring","tag-debt-ratio","tag-first-time-buyers","tag-homebuyers","tag-low-down-payment","tag-lumberton-board-of-realtors","tag-mortgage-credit-score","tag-mortgage-faqs","tag-nc-purchase-contract","tag-north-carolina","tag-pinehurst-southern-pines-association-of-realtors","tag-realtors","tag-sanford-area-association-of-realtors","tag-south-carolina","tag-success-story","tag-team-move","tag-va-home-loans","tag-va-requirements","tag-wrar"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Active Duty First Time VA Loan Buyer Success Story<\/title>\n<meta name=\"description\" content=\"Under 640 credit score, first time buyer, no money down, high debt ratio.\u00a0 Sound impossible?\u00a0 This closed in 33 days!\u00a0 Team Move shines in tough scenarios\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Active Duty First Time VA Loan Buyer Success Story\" \/>\n<meta property=\"og:description\" content=\"Under 640 credit score, first time buyer, no money down, high debt ratio.\u00a0 Sound impossible?\u00a0 This closed in 33 days!\u00a0 Team Move shines in tough scenarios\" \/>\n<meta property=\"og:url\" content=\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/\" \/>\n<meta property=\"og:site_name\" content=\"Team Move Mortgage Blog\" \/>\n<meta property=\"article:published_time\" content=\"2015-12-02T15:55:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-13T22:35:25+00:00\" \/>\n<meta name=\"author\" content=\"Russell Smith\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Russell Smith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/\"},\"author\":{\"name\":\"Russell Smith\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#\/schema\/person\/fbcb9952207d77d752ba9074b82fad37\"},\"headline\":\"Active Duty, First Time VA Buyer. Unbelievable VA Success Story\",\"datePublished\":\"2015-12-02T15:55:02+00:00\",\"dateModified\":\"2020-07-13T22:35:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/\"},\"wordCount\":445,\"publisher\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"credit reports\",\"credit scoring\",\"debt ratio\",\"first time buyers\",\"Homebuyers\",\"low down payment\",\"Lumberton Board of Realtors\",\"mortgage credit score\",\"Mortgage FAQ's\",\"NC purchase contract\",\"North Carolina\",\"Pinehurst Southern Pines Association of Realtors\",\"Realtors\",\"Sanford Area Association of Realtors\",\"South Carolina\",\"success story\",\"Team Move\",\"VA home loans\",\"VA requirements\",\"WRAR\"],\"articleSection\":[\"1st Time Buyers\",\"Interesting\",\"Products\",\"Success Stories\",\"Tips\",\"VA Loans\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/\",\"url\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/\",\"name\":\"Active Duty First Time VA Loan Buyer Success Story\",\"isPartOf\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2015-12-02T15:55:02+00:00\",\"dateModified\":\"2020-07-13T22:35:25+00:00\",\"description\":\"Under 640 credit score, first time buyer, no money down, high debt ratio.\u00a0 Sound impossible?\u00a0 This closed in 33 days!\u00a0 Team Move shines in tough scenarios\",\"breadcrumb\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/teammovemortgage.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Active Duty, First Time VA Buyer. Unbelievable VA Success Story\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#website\",\"url\":\"https:\/\/teammovemortgage.com\/blog\/\",\"name\":\"Team Move Mortgage Blog\",\"description\":\"Team Move Mortgage Blog and Resources\",\"publisher\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/teammovemortgage.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#organization\",\"name\":\"Team Move Mortgage Blog\",\"url\":\"https:\/\/teammovemortgage.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/teammovemortgage.com\/blog\/wp-content\/uploads\/2026\/02\/team_move_logo-1.png\",\"contentUrl\":\"https:\/\/teammovemortgage.com\/blog\/wp-content\/uploads\/2026\/02\/team_move_logo-1.png\",\"width\":317,\"height\":86,\"caption\":\"Team Move Mortgage Blog\"},\"image\":{\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#\/schema\/person\/fbcb9952207d77d752ba9074b82fad37\",\"name\":\"Russell Smith\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/teammovemortgage.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b9cf1b757a19f9e1f5cb92936b94ade3f42fa9c7b0a26278141331f05509b596?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b9cf1b757a19f9e1f5cb92936b94ade3f42fa9c7b0a26278141331f05509b596?s=96&d=mm&r=g\",\"caption\":\"Russell Smith\"},\"sameAs\":[\"https:\/\/teammovemortgage.com\"],\"url\":\"https:\/\/teammovemortgage.com\/blog\/author\/russellsmith\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Active Duty First Time VA Loan Buyer Success Story","description":"Under 640 credit score, first time buyer, no money down, high debt ratio.\u00a0 Sound impossible?\u00a0 This closed in 33 days!\u00a0 Team Move shines in tough scenarios","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/","og_locale":"en_US","og_type":"article","og_title":"Active Duty First Time VA Loan Buyer Success Story","og_description":"Under 640 credit score, first time buyer, no money down, high debt ratio.\u00a0 Sound impossible?\u00a0 This closed in 33 days!\u00a0 Team Move shines in tough scenarios","og_url":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/","og_site_name":"Team Move Mortgage Blog","article_published_time":"2015-12-02T15:55:02+00:00","article_modified_time":"2020-07-13T22:35:25+00:00","author":"Russell Smith","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Russell Smith","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#article","isPartOf":{"@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/"},"author":{"name":"Russell Smith","@id":"https:\/\/teammovemortgage.com\/blog\/#\/schema\/person\/fbcb9952207d77d752ba9074b82fad37"},"headline":"Active Duty, First Time VA Buyer. Unbelievable VA Success Story","datePublished":"2015-12-02T15:55:02+00:00","dateModified":"2020-07-13T22:35:25+00:00","mainEntityOfPage":{"@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/"},"wordCount":445,"publisher":{"@id":"https:\/\/teammovemortgage.com\/blog\/#organization"},"image":{"@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#primaryimage"},"thumbnailUrl":"","keywords":["credit reports","credit scoring","debt ratio","first time buyers","Homebuyers","low down payment","Lumberton Board of Realtors","mortgage credit score","Mortgage FAQ's","NC purchase contract","North Carolina","Pinehurst Southern Pines Association of Realtors","Realtors","Sanford Area Association of Realtors","South Carolina","success story","Team Move","VA home loans","VA requirements","WRAR"],"articleSection":["1st Time Buyers","Interesting","Products","Success Stories","Tips","VA Loans"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/","url":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/","name":"Active Duty First Time VA Loan Buyer Success Story","isPartOf":{"@id":"https:\/\/teammovemortgage.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#primaryimage"},"image":{"@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#primaryimage"},"thumbnailUrl":"","datePublished":"2015-12-02T15:55:02+00:00","dateModified":"2020-07-13T22:35:25+00:00","description":"Under 640 credit score, first time buyer, no money down, high debt ratio.\u00a0 Sound impossible?\u00a0 This closed in 33 days!\u00a0 Team Move shines in tough scenarios","breadcrumb":{"@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/teammovemortgage.com\/blog\/va-loan-high-debt-ratio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/teammovemortgage.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Active Duty, First Time VA Buyer. Unbelievable VA Success Story"}]},{"@type":"WebSite","@id":"https:\/\/teammovemortgage.com\/blog\/#website","url":"https:\/\/teammovemortgage.com\/blog\/","name":"Team Move Mortgage Blog","description":"Team Move Mortgage Blog and Resources","publisher":{"@id":"https:\/\/teammovemortgage.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/teammovemortgage.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/teammovemortgage.com\/blog\/#organization","name":"Team Move Mortgage Blog","url":"https:\/\/teammovemortgage.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/teammovemortgage.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/teammovemortgage.com\/blog\/wp-content\/uploads\/2026\/02\/team_move_logo-1.png","contentUrl":"https:\/\/teammovemortgage.com\/blog\/wp-content\/uploads\/2026\/02\/team_move_logo-1.png","width":317,"height":86,"caption":"Team Move Mortgage Blog"},"image":{"@id":"https:\/\/teammovemortgage.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/teammovemortgage.com\/blog\/#\/schema\/person\/fbcb9952207d77d752ba9074b82fad37","name":"Russell Smith","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/teammovemortgage.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b9cf1b757a19f9e1f5cb92936b94ade3f42fa9c7b0a26278141331f05509b596?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b9cf1b757a19f9e1f5cb92936b94ade3f42fa9c7b0a26278141331f05509b596?s=96&d=mm&r=g","caption":"Russell Smith"},"sameAs":["https:\/\/teammovemortgage.com"],"url":"https:\/\/teammovemortgage.com\/blog\/author\/russellsmith\/"}]}},"_links":{"self":[{"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/posts\/2554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/comments?post=2554"}],"version-history":[{"count":1,"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/posts\/2554\/revisions"}],"predecessor-version":[{"id":9469,"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/posts\/2554\/revisions\/9469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/media?parent=2554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/categories?post=2554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teammovemortgage.com\/blog\/wp-json\/wp\/v2\/tags?post=2554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}