While HUD, does not have a minimal credit score requirement for VA loans, or even FHA loans, most lenders have a credit score requirement of at least 640 or higher in order to successfully fund and close a VA home loan. If your credit score is 640 or better, you meet them credit score eligibility requirement for funding a VA loan.
Share:
Posted in: Va Mortgages, credit score, home buying
RELATED MORTGAGE ADVICE FROM SCOTT SHELDON
VA and FHA Loans in Community Property States
If you’re applying for a VA or FHA mortgage in a community property state—such as…
Does to make sense to cash refinance to consolidate debt?
Rising credit card balances and high-interest personal loans can put a strain on your monthly…
Can You Use Section 8 Vouchers to Buy a Home? Yes — Here’s How
If you’re receiving Section 8 housing assistance and think that owning a home is out…
Should you buy rental property for cash flow or appreciation?
When you invest in real estate, one of the first decisions you face is whether…
View More from The Mortgage Files:
begin your mortgage journey with sonoma county mortgages
Let us make your mortgage experience easy. Trust our expertise to get you your best mortgage rate. Click below to start turning your home dreams into reality today!