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i have a low credit score can i still get a va loan?

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February 01 2010 - US
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Answers (9)

Best Answer
Profile picture for Bob Lowery

Lenders will use the middle score of the three bureaus.  If you only have two, they will use the lower of the two and 549 will not be good enough for a VA loan.  I would work on resolving your credit issues and improving your score.

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February 02 2010
Profile picture for r1972
my fico score is 651eqifax,549transunion and from free credit score is 631,622,603. why is it different?
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February 02 2010
Profile picture for r1972
i live in pennsylvania
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February 02 2010
Profile picture for Josh Swenson
What is your 3rd score?  I only see two, one is pretty good and the other is a little low.  If the 3rd score is above 620 we are in good shape.

Also, where are you getting these scores from?  Did you pull them yourself from a "free credit report" site or did a mortgage company pull your credit?  You would think they would report the same, but I have seen big differences.

We do a lot of VA loans and I would be more than happy to help you get your credit on track so you can take advantage of these super good deals that are available in the market place.
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February 02 2010
Profile picture for Bob Lowery
Any good loan officer can help you with this for free.  The key is finding a LO that is knowledgeable and will to help.  They are out there.  What state are you in?  You can also use the Zillow directory, which is listed on the above tabs.
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February 02 2010
Profile picture for r1972
how do i find a good credit repair expert?
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February 02 2010
Profile picture for r1972
equifax 651, transunion 549
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February 01 2010
Profile picture for Direct Lender
Is your score below 620?
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February 01 2010
Profile picture for MikeEmery
Could you define 'low'?
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February 01 2010
 

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