Learning Center

The VA does not set a minimum credit score for VA loans. However, most lenders will require a minimum credit score of 640 or 620. Some lenders may require an even higher credit score, but these minimum score levels are not necessary.

Without a complete understanding of the VA loan process, veterans can sometimes make expensive mistakes. Misunderstanding the VA Funding Fee or failing to properly document income are just two mistakes that veterans may make.

Veterans can purchase a horse farm home that has many acres with a VA loan from HomePromise. The VA appraiser has to find homes nearby that have sold recently with similar acreage. There isn’t a limit on the number of acres but the larger…

Your VA disability rating does not hurt your ability to qualify for a VA home loan. Applying for a VA home loan as a disabled veteran means you will have access to additional money-saving benefits, even if you have a low credit score.

Buying a home is a big decision and can be stressful.  You need to consider price, location and near-by schools.  And how about getting a mortgage?  That can add to the pressure. Luckily, as a Veteran you may qualify for a VA-backed loan …

You may be able to decrease your monthly mortgage payments with HomePromise, get cash back on your home equity or lower your interest rate. Sometimes you may even get all three of these benefits in one loan! As a military homeowner…

Credit scoring is used by all lenders to help them decide whether to extend or deny your credit, but credit score minimums may be different for each VA lender. Even If your credit score is low, there may be hope at HomePromise!

Pay Off Debt With a VA Home Loan  Debt accumulation can happen to the best of us but luckily as a Veteran homeowner, you have an advantage. Your VA home loan program eligibility means you may qualify for an MDCL (Military Debt Consolidation Loan), also known as a VA...

A VA loan is a specialized type of government loan, backed by the Department of Veterans Affairs (VA). It allows you to qualify for a low-cost mortgage when you’re looking…