Key Takeaways
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Your LES is essential for VA home loan eligibility.
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The 12-month rule ensures your income is stable for mortgage approval.
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myPay is the primary source for accessing your LES online.
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Reviewing your LES regularly helps prevent errors and improve financial planning.
If you’re an active-duty service member, your Leave and Earnings Statement (LES) is more than a military pay stub. This essential document outlines your pay, benefits, deductions, and leave balance — and it can be the key to unlocking your VA home loan eligibility. By understanding your LES, you can better manage your finances, verify your income, and meet VA loan requirements.
A Leave and Earnings Statement is the military equivalent of a civilian paycheck stub. It provides a detailed snapshot of your monthly compensation, tax withholdings, allowances, deductions, and leave status. This information is essential when applying for a VA mortgage, as lenders need proof of stable and reliable income.
What Information Does an LES Include?
Your LES breaks down your earnings into several key sections:
| Section | Description |
| Base Pay | Standard pay for your rank and time in service. |
| Special Pays & Bonuses | Additional compensation for certain duties or qualifications. |
| Allowances | Non-taxable allowances such as BAH (housing) and BAS (subsistence). |
| Tax Withholdings | Federal, state, and Social Security (FICA) taxes deducted from pay. |
| Deductions | Items like SGLI premiums and TSP contributions. |
| Leave Balance | Total leave earned, used, and remaining. |
| Allotments | Direct deposits or designated payments to accounts or bills. |
Each section is clearly labeled, helping service members quickly identify and verify pay details.
How to Access Your LES
Active-duty members can view and download their LES through myPay. This platform typically stores the past three months of statements.
If you’re separated from service, the process varies:
| Branch | How to Access LES |
| Army & Air Force | Contact your finance office or pay records branch. |
| Navy & Marines | Access recent LES via myPay; call 1-888-332-7411 (option 2) or request online for older records. |
Using Your LES to Qualify for a VA Loan
When applying for a VA home loan, your LES serves as proof of income. However, if your separation date is within 12 months, lenders require additional verification that your income will continue. You may qualify if:
- Your closing date is more than 12 months before separation.
- You have a confirmed post-service job offer.
- You plan to reenlist and can provide documentation showing eligibility and intent.
Pro Tip: Most lenders also request a Statement of Service and documentation confirming reenlistment or post-service employment.
Why the 12-Month Rule Matters
Lenders must ensure your income is consistent for the duration of your mortgage. If military pay ends soon without other income in place, it’s too risky for approval. The 12-month rule helps confirm your financial stability for VA loan eligibility.
Why Your LES Is a Powerful Financial Tool
Beyond loan qualification, your LES helps you:
- Track your income and expenses.
- Plan for large purchases or financial goals.
- Identify pay or deduction errors.
- Manage your leave balance for personal time.
By reviewing your LES regularly, you’ll stay informed about your finances and maximize your military benefits.
FAQs About LES For Your Mortgage Application
No SSN required. Zero impact to credit. Your Information is never sold.