How credit scores affect military buyers
Military buyers do not need a squeaky clean credit report to qualify for VA financing. The purpose of the VA home loan program is to help as many military buyers as possible with a practical buying process. First, the Department of Veterans Affairs (VA) does not issue loans. Instead, the department oversees the program and guarantees a portion of each loan in […]
Credit scores and the approval process
High credit scores are not a set requirement for the veterans looking to use a VA home loan. However, lenders use credit scores to help determine loan eligibility and the interest rate charged. Credit scores are not sole indicators in the approval process and should not discourage potential home owners from pursuing a VA […]
