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Thread: VA loans?

  1. PvtWinkiesgirl
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    VA loans?

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    DF and I want to get a house this summer. I've been told that credit does not matter with VA loans. Has anyone gotten one who can give me the scoop? Do you need a down payment? Whats your interest rate? I'd be curious about knowing loan amounts and monthly payments, if thats not too personal, you can pm me if you like.
  2. MilitarySOS Jewel
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    #2
    All i know from my dads experience, they are STICKLERS for home loans...Meaning they super inspect it...Good luck!
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    if you guys are looking to do this this summer, have him request the cert for it that he will need now. they do look at your credit history. from what i have seen they bend a little more with poor credit with the VA backing it up. if he is active duty, it can be a pain in the ass when it comes time to move again and you want to buy at the new duty station. my parents had HUGE issues with it.
  4. PvtWinkiesgirl
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    He's a reservist, so that wont be an issue.
  5. Bex
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  6. I love my Boys!
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    #6
    My DH has really bad credit and he got a VA loan..they gave him a really low amount that they would cover but he got one...the interest rates were a little higher and the loan ppl wouldn't really give him a house until he fixed his credit or made a down payment anyways.

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