Relocation Cash Back Program: Receive cash back and save money
when you buy or sell your home.
* NO Appraisal
* NO Credit Underwriting
* NO Qualifying Debt Ratios
* NO Credit Check
* NO Income Verification
* NO Face-to-Face Application
For relatives of veterans and for VA home loans over $333,700:
Learn about mortgage programs
available on our sister site.
FREQUENTLY ASKED QUESTION # 30 [ -more VA Loan questions- ] - - - - - - Q: Improving Credit - How can I help myself before applying for a VA home loan?
A: Because your VA loan eligibility depends on your debt ratio, it's a good idea to start thinking about fixing your credit long before actually filling out loan paperwork. The best way to help yourself out is to follow the advice of a credit counselor, but you can also take steps on your own to increase your eligibility for a VA home loan. Eliminate as much credit card debt as possible. If you can get yourself down to a single card and stay that way for six months, you will be well on your way to improving your debt ratio and your credit rating. Remember that the maximum debt ratio allowed for approval is 41%, and that your credit rating is also a factor. If you are within a few months of paying off a major debt such as an automobile loan, do so as quickly as possible. You'll most likely need to allow for credit reporting agencies to "catch up" with your newly paid off cards and loans.
FREE credit report and 30-day trial of
CreditCheck!
Life Insurance for Military Members
VALoans.com is a private company specializing in VA financing and is
not a government agency.
Remember, the VA does not make home loans. They insure the loans that we can assist you in getting.
Let us help you get a VA insured mortgage loan at the lowest possible rates.
Get Started with a VA Home Loan
VA Home Loans 101
An easy reference guide offering vital information for using your VA benefits to buy a home.
Get this FREE guide!
Military Loans
Serving the military community with personal loans from $500 to $10k.
