Help Guide to VA Loan eligibility
There isn't any minimum credit requirement set by the Department of Veterans Affairs for the VA loan. But, loan providers whom fund the loans will will often have credit demands that the homebuyer must fulfill.
VA Loan Credit History 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. Your loan provider shall use the middle, or median, score as the credit history for VA loan certification purposes.
The VA does set a minimum n’t credit score need for the VA loan, but in addition will not result in the loan. Lenders that do result in the loans will have a credit typically rating standard.