​Even though VA loan eligibility is more lenient than other mortgage programs, your credit score is still a big deal.How do I know?Because one of the most common questions we get is:What’s the minimum credit score required for a VA loan? But here’s some good news: Meeting the credit score requirements is easier than you might think. ​Here’s what you need to know about how your credit history can affect your VA loan, and what to do if you’ve had a bankruptcy or foreclosure. [tcb-script]if (window.addEventListener){ window.addEventListener("message", function(event) { if(event.data.length >= 22) { if( event.data.substr(0, 22) == "__MM-LOCATION.REDIRECT") location = [...]

​Even though VA loan eligibility is more lenient than other mortgage programs, your credit score is still a big deal.How do I know?Because one of the most common questions we get is:What’s the minimum credit score required for a VA loan? But here’s some good news: Meeting the credit score requirements is easier than you might think. ​Here’s what you need to know about how your credit history can affect your VA loan, and what to do if you’ve had a bankruptcy or foreclosure. [tcb-script]if (window.addEventListener){ window.addEventListener("message", function(event) { if(event.data.length >= 22) { if( event.data.substr(0, 22) == "__MM-LOCATION.REDIRECT") location = [...]

​Even though VA loan eligibility is more lenient than other mortgage programs, your credit score is still a big deal.How do I know?Because one of the most common questions we get is:What’s the minimum credit score required for a VA loan? But here’s some good news: Meeting the credit score requirements is easier than you might think. ​Here’s what you need to know about how your credit history can affect your VA loan, and what to do if you’ve had a bankruptcy or foreclosure. [tcb-script]if (window.addEventListener){ window.addEventListener("message", function(event) { if(event.data.length >= 22) { if( event.data.substr(0, 22) == "__MM-LOCATION.REDIRECT") location = [...]

​Even though VA loan eligibility is more lenient than other mortgage programs, your credit score is still a big deal.How do I know?Because one of the most common questions we get is:What’s the minimum credit score required for a VA loan? But here’s some good news: Meeting the credit score requirements is easier than you might think. ​Here’s what you need to know about how your credit history can affect your VA loan, and what to do if you’ve had a bankruptcy or foreclosure. [tcb-script]if (window.addEventListener){ window.addEventListener("message", function(event) { if(event.data.length >= 22) { if( event.data.substr(0, 22) == "__MM-LOCATION.REDIRECT") location = [...]

​Even though VA loan eligibility is more lenient than other mortgage programs, your credit score is still a big deal.How do I know?Because one of the most common questions we get is:What’s the minimum credit score required for a VA loan? But here’s some good news: Meeting the credit score requirements is easier than you might think. ​Here’s what you need to know about how your credit history can affect your VA loan, and what to do if you’ve had a bankruptcy or foreclosure. [tcb-script]if (window.addEventListener){ window.addEventListener("message", function(event) { if(event.data.length >= 22) { if( event.data.substr(0, 22) == "__MM-LOCATION.REDIRECT") location = [...]

*Please note that effective April 3, 2020, we are no longer able to accept loans from applicants with a credit score below 640.  Please visit our friends at My Credit Guy for help improving your credit score. Buying a house is both exciting and frustrating. Figuring out the VA loan requirements is key to sailing through the lending process and getting into your new home. How can you do it? Well, it isn’t magic. All VA lenders have the same rules for VA loan eligibility. Here at the Wendy Thompson Lending Team, we love VA loans because they’re designed to help [...]

*Please note that effective April 3, 2020, we are no longer able to accept loans from applicants with a credit score below 640.  Please visit our friends at My Credit Guy for help improving your credit score. Buying a house is both exciting and frustrating. Figuring out the VA loan requirements is key to sailing through the lending process and getting into your new home. How can you do it? Well, it isn’t magic. All VA lenders have the same rules for VA loan eligibility. Here at the Wendy Thompson Lending Team, we love VA loans because they’re designed to help [...]

*Please note that effective April 3, 2020, we are no longer able to accept loans from applicants with a credit score below 640.  Please visit our friends at My Credit Guy for help improving your credit score. If you’re shopping for a VA mortgage, you’re probably asking yourself the same question again and again. How much can I borrow? Well, you’re in luck. A VA mortgage calculator can help you figure out how much house you can afford. There’s just one catch. A VA loan calculator doesn’t tell the whole story. Though VA mortgages are backed by the US Department of [...]

*Please note that effective April 3, 2020, we are no longer able to accept loans from applicants with a credit score below 640.  Please visit our friends at My Credit Guy for help improving your credit score. A VA loan is an excellent option to buy a home. It lets you get into a house without making a down payment. There’s one catch. Most borrowers who take out a VA loan must pay a VA funding fee. So now you’re wondering: How much is it and do I have to pay? There’s good news: The fee is a one-time cost. But [...]

*Please note that effective April 3, 2020, we are no longer able to accept loans from applicants with a credit score below 640.  Please visit our friends at My Credit Guy for help improving your credit score.Buying a home can be an overwhelming experience. There’s so much to do!One thing you can check off your list is worrying about current VA mortgage rates.The Wendy Thompson Lending Team has your back!Some lenders lure you in with the promise of better VA loan rates and pull the rug out from under you at the last minute.You won’t find any tricks here.We’re only interested [...]