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Your ETS Is Within a Year. Here Is What VA Needs.

VA's underwriter will look at the expiration date of your current contract on your LES. If it falls within 12 months of when the loan will close, your income is treated as uncertain unless the file shows it continues. That is a solvable problem - VA lists exactly what solves it.

The trigger

For enlisted members, the lender finds the expiration of term of service on your LES. For Guard and Reserve members serving on active duty, it also looks at when the current active-duty tour ends. If that date is within 12 months of the projected closing, the loan package needs one of the items below, or a combination of them.

What satisfies it

You already re-enlisted or extended

Documentation that your service has been extended to a date beyond 12 months after the projected closing.

A civilian job or retirement income

Verification of a valid offer of local civilian employment, and/or of military retirement income following release from active duty.

Intent to re-enlist, backed by your CO

Your statement that you intend to re-enlist or extend beyond the 12-month window, plus your commanding officer's statement that you are eligible and they have no reason to think it will not be granted.

Other unusually strong factors

Documentation of other unusual strong positive underwriting factors. VA gives examples: a down payment of at least 10 percent from your own assets, at least 6 months of payments in cash after the down payment, or strong community ties with a non-military spouse whose income is so high that little of yours is needed.

Those last examples are illustrations of strength, not a fixed menu - VA frames them as "such as".

Two cases that work differently

Officers with an open-ended date. If your LES shows an ETS of 888888 or 000000, none of this documentation is required, unless there is evidence you have resigned your commission.

Reservists on activation. VA's own example: a reservist whose orders say active duty will not exceed the next 60 days cannot have that active-duty income considered, so civilian employment and drill pay are used instead. An activated Guard or Reserve member must present orders showing the current tour will not exceed 12 months, and where civilian pay is lower than activation pay, VA's example qualifies on the civilian figure.

What counts from your LES in the first place - BAH, BAS, sea pay - is on BAH and sea pay as income.

Source: VA Pamphlet 26-7, Lender's Handbook, Chapter 4, Topic 2(k) Active Military Borrower's Income, and the activated Reserve and National Guard guidance in Topic 2 (current versions on KnowVA). VA rules change; confirm before relying on them. Lenders may apply their own additional requirements. Not a commitment to lend.

ETS FAQ

Can I get a VA loan if I am getting out of the military soon?
Yes, with documentation. If your ETS is within 12 months of closing, the file needs proof your income continues, such as a re-enlistment or extension, a verified civilian job offer or military retirement income, or a statement of intent to re-enlist backed by your commanding officer.
Does the ETS rule apply to officers?
Not when the LES shows an ETS of 888888 or 000000, unless there is evidence the officer has resigned their commission.
What if I cannot show re-enlistment or a job offer?
VA also accepts documentation of other unusually strong underwriting factors. Its examples include a down payment of at least 10 percent from your own assets, at least six months of payments in cash after closing, or a spouse whose income largely carries the loan.

Stationed here? Start here.

One conversation covers your VA eligibility, a BAH-smart budget and an honest read on the local market - from a broker whose office is on Ashley Phosphate Road, not in a call center.

QUESTIONS

Coast Guard home loan FAQ

Are Coast Guard members eligible for VA home loans?
Yes. Coast Guard service earns VA home loan eligibility the same as the other armed services - a point that surprises many Coasties and some lenders. Your Certificate of Eligibility documents it, and we can help you request one.
Where do Coast Guard families buy around Charleston?
Commonly North Charleston for the shortest commutes, Hanahan and Goose Creek for established neighborhoods, and Summerville for more house and yard at the price of a longer drive up I-26. The right balance depends on your budget, family and traffic tolerance.
Can my BAH be considered when I qualify?
Housing allowances can generally be considered as part of your income picture. Just as important: we encourage buyers to size the payment against their actual allowance and think ahead to the budget at the next duty station.
I just got orders to Charleston. When should I start?
Before you arrive. Preapproval can be done remotely from your current unit so you land with numbers in hand. PCSMortgages.com covers the orders-to-closing timeline in detail.
What if I PCS out of Charleston in a few years?
Plan for it going in. Many Coast Guard owners keep their Charleston home as a rental after transfer; others sell. Buying a home that would work as either keeps both doors open.
Does a local Charleston broker actually matter?
For a military purchase here, yes. We are headquartered in North Charleston, know which neighborhoods feed which gates, and work VA files constantly - removing two common sources of delay at once.