There isn’t any minimum credit requirement set by the Department of Veterans Affairs for a VA loan.
Help Guide to VA Loan eligibility
Nevertheless, loan providers whom fund the loans will have credit requirements usually that the homebuyer must satisfy.
VA Loan Credit Rating Demands
Whenever credit that is determining for the VA loan, loan providers will analyze the borrower’s credit profile. This generally includes credit that is pulling through the three major credit-reporting agencies: Equifax, Experian and TransUnion. (more…)