Credit is always an important topic for so many reasons. I've written about it a lot here at VA Loans Insider and within our amazing Facebook community.
There's so much that goes into making this a complex topic, from how you get credit scores and what impacts them to the steps you can take to raise your score and get in a great position to prequalify for a VA home loan. Today, without a relatively solid credit score, you're going to struggle to take advantage of the lowest interest rates in years and the benefits earned by your service.
That's why I'm excited to host a live interview and chat this Wednesday at 8 p.m. CST with Carla Blair, a credit expert from our Lighthouse Program. Carla and I will talk about credit, credit scores and home loans and -- we hope -- hear from you and answer your questions. You can connect with us multiple ways during the interview:
This is a great opportunity to ask all the questions you have about this crucial part of the lending process. Whatever you wanted to know but were afraid to ask -- now is the time.
Buying a condominium with you VA home loan benefit is a great option. However, there are additional requirements that differ from purchasing a single-family residence or a multiunit complex.
Credit score requirements vary by lender. However, most lenders have similar criteria. Let's look at the minimum credit score for a VA loan and what lenders typically expect.