Reviewed by Vatche Saatdjian, VA Loan Expert with 30+ Years Experience
Understand how VA residual income works in Nevada. Unlike conventional DTI ratios, VA loans require you have enough leftover income each month after major expenses to cover daily living costs.
Residual income is the money left over after paying your mortgage, property taxes, insurance, and other major obligations. The VA sets minimum amounts based on family size and region.
| Family Size | Minimum/Month |
|---|---|
| 1 person | $1,004 |
| 2 people | $1,259 |
| 3 people | $1,323 |
| 4 people | $1,423 |
| 5+ people | +$75 each |