Seller financing may be an option for you. However most sellers would still require proof of income. Same concept - you need to show you can pay back the loan. Having said that, depending on how much you put down and how much you have in assets, we may be able go find a seller that is willing to work with you.
A third option would be a lease/option where you rent the property for a few years with an option to buy it. You could rent it while you are in school and get financing once you finish and get a job.
If seller financing is an option you would like to consider, you can check a list of houses available at:
Jose Dias, REALTOR | (623) 418-5700 | Jose@MyFirstHouseAZ.com | http://www.MyFirstHouseAZ.com
I look forward to hearing back from you soon!
If you do not currently have verifiable income that can be provided, you are not going to be eligible to purchase a property. A G.I. bill does not consitute as eligible income because it is also limited. A private financier would be your closest option but even they want to make sure that the debt will be serviced and require 30-40% down. When do you anticipate graduating? A VA loan is the best loan program out there for you once you can provide a stable income source. Do you have a family member or friend that would be willing to co-sign with you?
Do you have the option of asking your parents or a family member to obtain financing to purchase the property, and then you make the mortgage payment to them? They can then sell you the property when you are in a better position to qualify. There are options, but none that will allow you to purchase the property. What about a wife or girlfriend who can qualify on her own?