Can We Have Bad Credit but still Obtain A VA Mortgage?

Can We Have Bad Credit but still Obtain A VA Mortgage?

Securing a VA loan with bad credit is not impossible, however it is common for several loan providers to possess a far more credit that is stringent.

This post had been encouraged by VA Loans Insider audience Mary Ann Parker, whom asked about securing a VA loan with bad credit. In reality, the most typical concerns we get is, “Can I get yourself a VA loan with bad credit? “

The quick response is yes, you are able to obtain a VA loan with bad credit. For VA loans, borrowers frequently require a FICO rating of at the very least 620, however the VA does not mandate a minimal credit history requirement plus some loan providers can be happy to get below that typical 620 cutoff. […]

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