Veterans United? How??

[/u/DazzlingAd4603]

Someone please help me understand and I’ll try to make it simple (I worked with VU on all these purchases):

Jan 2022: Bought a home for $111,000 - Salary: $35,000 - Interest: 2.5% - Home bought because of First Child

Jan 2023: Bought a home for $263,750 - Salary: $54,600 - Interest: 5.5% - Home bought because of second child - VU says I had to rent out my first home before I could close on this home (accomplished)

Jan 2024: Bought a home for $263,500 - Salary: $86,400 - Interest: 6.75% - Home bought due to transferring to a different job miles away - VU says I had to rent out my second home and keep my first home rented before I could close on this home (accomplished)

Now:

July 2024: Looking for a new home

• Relocating back home due to family health issues but got a new job
• Salary: $72,533

Key notes:

• 
  I am selling my first home and second home and they will be sold on 7/8 and 7/22
  
  
• 
  My debt to income ratio from home 2 to home 3 has remained the same.
  
  
• 
  With the selling of my 2 homes I will be free of over $350K in debt
  
  
• 
  I plan on using the 7.5K/30K I get from the selling of my 2 homes to buy down my interest rate that I am prequalified at (6.9%)
  

How are they only qualifying me for $85K to go look for a house with? Makes zero sense!

Oh yeah my credit score is a: 748

*Va Home Loan used on all purchases

submitted by /u/DazzlingAd4603
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Veterans United? How??
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