source:
  type: guide
  id: fnma-sel-b3-3.4-18
  authority: Fannie Mae Selling Guide B3-3.4-18 — VA Benefits Income
  description: Fannie Mae Selling Guide B3-3.4-18 — VA Benefits Income.
  coverage_tier: operative
obligations:
- id: fnma-sel-b3-3.4-18-full
  canonical_id: fnma-sel-b3-3.4-18-full
  section: Fannie Mae Selling Guide B3-3.4-18 — VA Benefits Income
  type: do
  tags:
  - regulator-direct
  - fnma
  - selling-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Selling Guide B3-3.4-18 — VA Benefits Income
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/selling-guide
    snapshot_id: 5f7b8b79da595d76
    fetched_at: '2026-05-25T14:09:57Z'
    content_hash: sha256:98cf85a02861bbe84914a0e339b327c8fc131869a8a573882007bbeea60c5701
    paragraph_quote: 'B3-3.4-18, VA Beneﬁts Income (03/04/2026) The following table
      provides veriﬁcation requirements for income from VA beneﬁts. Criteria Requirements
      Documentation The lender must obtain veriﬁcation of the income amount and terms
      using one or more of the following: • a statement from the organization (VA)
      providing the income, • a copy of the award letter or beneﬁt statement, • a
      copy of the ﬁnancial or bank account statement, • a copy of the signed federal
      income tax return, or • an IRS 1099 form. Additionally, the lender must obtain
      evidence the borrower will receive at least one payment on or before the ﬁrst
      payment due date. Income History No minimum history is required. Income Continuance
      The lender must document that income is expected to continue for at least three
      years from the note date. (Veriﬁcation is not required for VA retirement or
      long-term disability beneﬁts.) Determination of Qualifying Income The monthly
      income amount as documented above may be used as qualifying income. Note: Education
      beneﬁts are not acceptable income because they are oﬀset by education expenses.
      Published May 6, 2026 360 Criteria Requirements DU Validation Service If the
      borrower''s VA beneﬁt income is validated by the DU validation service, DU will
      issue a message indicating the required documentation. This documentation may
      diﬀer from the requirements described above. See B3-2-02, DU Validation Service
      for additional information. Recent Related Announcements The table below provides
      reference to recently issued Announcements related to this topic. Announcements
      Issue Date Announcement SEL-2026-02 March 04, 2026'
  judgment: false
