With my company you have to put at least 20% down.
Depending on the loan product, most lenders can go as low as a 600.
Those scores are pretty low. I do not know of any programs that go that low. I suggest you talk to a local lender and have them give you a 'game plan' on how to raise your credit scores.
a 570 score is very low. You may need to wait for the 'other things' to drop off your credit and wait for the scores to improve.
assuming your credit, income and assets qualify, then you should be able to take cash out of an investment property.
Based on a 640 score and 3.5% or more down payment, then yes, you should qualify. There are more factors then just these two, so call a local lender and get pre-approved.
Your ages should have nothing to do with getting approved for a home loan. If your incomes qualify you for a VA loan, then there should not be any issues. I would call your lender to discuss
I see this situation a lot, one borrower has good credit, the other bad. Your fiancé needs to work on improving his credit scores. I suggest you talk to a local lender, have them do a credit review, and get a game plan on increasing the scores
Yes, FHA will allow you to pay the difference. You may want to consider a larger down payment and do a Conventional loan instead. The mortgage insurance may be much lower.
There is really no difference. Different lenders use different terms. But both basically mean that a lender has reviewed your credit report and talked to you about your income and assets.