50StatesLending.com
Thursday, September 13, 2018
VA Home Loan Approval With Late Payments
A veteran calls me and his question was. Is it possible to get a VA home loan approval with late payments? The answer is yes. When a veteran applies for a VA home, the lender runs your information through a program called Desktop Underwriting. DU analyzes the risk of loan for the lender to determine the creditworthiness of the veteran. If the lender receives an approve eligible findings this lets then know that it's okay to move forward with the loan regardless of the late payment reporting on the credit report.
50StatesLending.com
50StatesLending.com
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