Could I qualify for a VA or FHA loan?I already have a house across the country (FHA) that has at least 30% equity rental income is 1100, mortgage is 650.My husband is active duty and makes 3200 a month gross pay.but our monthly debt not including the mortgage is about 650, and I know you have to include the old mortgage in the debt. I don't think I can qualify for a va loan because my Debt to income is too close to the 41% not including what the new house payment.Don't have much for a down payment eitherwould I qualify for a VA or FHA loan?August 30 2013 - Hinesville11YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.