Credit & Finances

If you're a Veteran and are looking to get a VA loan with no credit history, you may be wondering if it's possible. The short answer is yes, it’s possible to get a VA loan without having established credit.

Purchasing discount points on a VA loan can be a good investment for Veterans looking to lower their interest rate.

Without major changes to federal drug laws, Veterans whose income relies heavily or solely on the production or sale of marijuana will likely remain in limbo when it comes to using their VA loan benefit.

Bitcoin and its crypto counterparts are increasingly popular. Here's what Veterans need to know about using them during the VA homebuying process.

Not all first-time homebuyers will have a robust credit history, and as strange as it sounds, things like your cable bill or P.O. Box can help you land a VA home loan. Using alternative tradelines may convince mortgage lenders that you're a safe bet.

While it isn’t a common occurrence, veterans and military members may be able to purchase with a VA home loan through a revocable inter vivos trust.

Lenders may require a Verification of Rent (VOR) to better assess a borrower's likelihood of making on-time mortgage payments. While VORs aren't always necessary, it's important to understand what they are and how they can impact your mortgage process.

Your cash reserves are important to the homebuying journey as lenders want to make sure you have a stable, reliable income that’s likely to continue.

Keeping an eye on your credit score is a good habit to keep, especially when looking to buy a home. There are a few different types of credit scores your VA mortgage lender will look at when evaluating your finances, and several terms you should be aware of.