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Can i buy a house with 6 months left on my military contract?

I get out of the Navy in 6 months. Before i get out I wanted to sell my house in Virginia and buy a house in Houston. (where I`m moving after i get out). Will the bank even approve me for a loan with only 6 months left with a steady income?
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September 10 2013 - Virginia Point
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VA requirements (for a VA loan) require that you have at least 12 months left on your contract for the income to be considered "stable and expected to continue". If you have new employment in Houston, you would need at least 30 days of paystubs for the new job. You may want to consider a short term rental in Houston until you get established there (new job).
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September 10 2013
We suggest that you speak with a loan officer at two local banks.
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September 10 2013
 
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Can i buy a house with 6 months left on my military contract?
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September 10 2013 | 2 answers
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