Why Apply For A VA Loan WIth A 580 Credit Score With HomePromise
Have you been turned down for a VA loan with a credit score 580 or less? Most lenders require a minimum credit score of 620 or even 640, but don’t lose hope. A VA loan with bad credit may be possible. Call or apply now to see if you qualify.
How Do Credit Scores Affect VA Loan Approval?
All of your debt and credit history information is used to create your credit score. A lower score usually means you have more problems with your credit history compared with others in the United States. A low credit score can be hard to handle for many VA lenders.
Can You Get A VA Loan With 580 Credit Score?
Some Veterans think they will never qualify for a VA loan due to a low credit score. It is true that most lenders want to see a minimum credit score of 640 before approving VA loans. HomePromise is a VA lender that may approve your VA loan even with a lower credit score.
What Is The Minimum Credit Score Required For Approval?
The VA doesn’t have a minimum credit score requirement. VA lenders set their own minimum requirements for approval. For more information about getting a VA loan approved with a lower credit score call 800-720-0250 to speak with a VA Loan & Refinancing Expert with HomePromise.
I just want to thank you very much for your work to help us refinance our loans. I know you had to do so much work for us and we really appreciate it. If I know anyone who wants to buy a home or refinance I will do my best to refer you to them. Again, thank you very much.
This company out did themselves in my expectations. They were not pushy; they waited on me and kept contact with me even when I wasn’t sure if I was going to be able to refinance. I had a wonderful experience and highly recommend them for your next mortgage needs!
My mother recently had a refinance with HomePromise. The process was easy for her (and I) to follow. The loan representative was very helpful and responsive for the entire process and explained everything. I would definitely recommend this company.
I am a Veteran and they helped me understand the best options with my VA loan. They were great all through the process. I will definitely be telling others about Home Promise.