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My Husband is a vet but his credit is not very good, my credit is good, would we be able to get a VA loan? Also we currently have a home which is owner financed which we wish to keep as rental property

What would my Husbands credit score have to be to be able to qualify for a VA loan? by Roselady564 from Odessa, Texas. Aug 18th 2010 Reply


Brett Pehrson (brettpehrson)
#19 ranked lender in Utah - 228 contributions

VA doesn't specifically have any credit score requirements, however, you'll find most lenders are requiring a 620+ middle credit score. If there is a lender still underwriting to the true VA standards, it's probably going to be USAA, since VA is pretty much all they do; you might want to try them out. Also, there won't be any problem with you keeping the owner financed property, as long as you can still qualify for both homes under your specific circumstances.

Aug 18th 2010
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- - (Voted.Best.Rates.and.Service)
#11 ranked lender in New York - 377 contributions

In the current lending environment, 620 would be the standard.

Aug 19th 2010
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Akali Dennie (adennie)
#54 ranked lender in Florida - 196 contributions

Freedom Mortgage is a Direct Lender of VA loans and require a 620.

Aug 19th 2010
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