When talking of the VA loan program, there’s one thing that’s certain, among the various advantages of the VA loan program, the Department of Veterans Affairs did not create minimum credit score to be qualified for a loan. This implies no specific credit score is required from a borrower when applying for a loan, however, the term bad credit was established by lending companies with their own goals and requirements to be qualified for a loan. Such requirements are known to be highly subjective which makes investors coming up with different requirements for their lending services which makes it difficult to approve VA loans for those with bad credit or late payments.
www.50StatesLending.com
No comments:
Post a Comment