Veterans with bad credit – Fight back!

Posted by Nikitas Tsoukalis on June 24, 2013

Veterans with bad credit – Fight back!

Did you know??? -Many VA loans only require a 620 credit score? -You can put down as little as ZERO. Yes, VA home loans can go to 100% Loan-Value-Ratio. If the seller of the house can offer you a concession to pay your closing costs you can walk into your first home with nothing out of your pocket (ask your realtor for details). -VA Refinances can qualify for a “streamlined” program that does not require a credit report, credit score, income Documentation or even an appraisal! If you are paying your mortgage on time you can qualify. -VA Refinances can still go up to 100% loan to value ratio.This allows most veterans that might have bought in areas where the market has seen a dip still access today’s super low rates. For more information regarding VA financing contact: Antonios Kotopoulos, VA Specialist Wells Fargo Home Mortgage (licensed in 50 states) 617-552-5459 Direct line.
Veterans with bad credit - Fight back!