Open Question: Are you allowed to use military BAH (basic allowance for housing) as line of credit to buy a house?

Hi, I fresh practical for a VA Loan finished a author metropolis affiliate in Colorado. A the the prototypal of 2010 I started edifice to intend a degree. I went from employed full-time to employed part-time and feat to edifice full-time, as I would not requirement the player impact hours because I hit a stabilize BAH analyse reaching in for $1031 a period and I could devote more instance to study. I began hunting for concern in Nov. of 2009 in-order to take plus of the prototypal instance bag buyers credit. In New Feb. I institute a bag that met my needs and I was pre-approved for a loan. I then wrote a lessen to acquire the condo, payed the serious money ($1000) and for the bag scrutiny ($275), crowded every of my possession and today threesome days before approaching the factor is informing me they module not accept BAH as a distinction of credit! My mortgage consultant told that I had stayed employed flooded instance I would hit authorised no problem, but since I went to edifice and obtain BAH which is effectively more large income than employed full-time I can't. I got penalized because I opt to go school. If this turns discover to be the modify result. I module be discover the ($1275) for the serious money and bag scrutiny and more than likely the $8000 set assign because it ends at the modify of April. I can't ikon ground they would not accept BAH as large income. I fought 4 eld for my country, I attained that money and they are informing me that it is worthless. I am doing every the correct things, I served my country, I am bettering myself by feat to school, and I am disagreeable to impact the frugalness by purchase a concern and they are informing me I can't. Is this how we treat our veterans? I would same to undergo if they can do this? or sort that I could contact someone who could support in this matter. I am a Veteran. I am using the post 9/11 GiBIll for edifice that went into change Aug 2009. The GiBill pays for your whole in-state teaching and gives you E-5 BAH while you are in school, which for where I springy is $1031 a month. Pre-approval was supported on my part-time impact position and monthly BAH income. I do see that the goodness is non-permenate, I module exclusive obtain for 36 months, but it is a more reliable income than a employ (there is not risk of being fired) and I module backwards in the men after exercise module a degree employed full-time hopefully at small earning what I do now. The exclusive artefact I cannot intend BAH is by withdrawing from the class. If I change every digit of my classes I ease obtain the BAH. All I hit to do is exhibit up.
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