Securing a VA loan with bad credit isn’t impossible, however it is typical for all loan providers to own an even more credit that is stringent.
This post had been prompted by VA Loans Insider reader Mary Ann Parker, whom asked about securing a VA loan with bad credit. In reality, probably the most typical concerns we get is, “Am I Able To get yourself a VA loan with bad credit?”
The quick response is yes, you can get yourself a VA loan with bad credit. For VA loans, borrowers frequently require a FICO rating of at the least 660, nevertheless the VA does not mandate a minimal credit rating requirement plus some loan providers could be ready to get below that cutoff.