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 […]
Co-signers for VA loans
To qualify for a VA home loan, at least one borrower must meet the VA loan requirements. If you are an eligible veteran and find yourself needing a co-signer, eligible co-signers may include: a legally married spouse an unmarried military member an unmarried non-military member *certain restrictions apply. Having a spouse as a co-signer may […]
