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You need perfect credit for a VA Home Loan and only combat veteran are eligible – Myth Busted!

by Editor
December 2, 2022
in Home Loans, Videos
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You need perfect credit for a VA Home Loan and only combat veteran are eligible – Myth Busted!
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Myth: You Need Perfect Credit to be Approved
Fact: Typically a rating of 600 or higher is required to use for a VA mortgage. Conforming mortgage limits (underneath $715,000 in SF Bay Area) will permit as little as a 580

Myth: Only Combat Veterans Are Eligible
Fact: Veterans, lively responsibility servicemembers, reservists, National Guard members, surviving spouses, and different people can earn eligibility for house mortgage advantages. This consists of Coast Guard, Public Health Service Officers and NOAA Officers.

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ABOUT ME: My identify is Christian Carr and as Your Lender Chris, I’m devoted to serving to homebuyers such as you get pre-accepted in your mortgages throughout America. Whether you are buying, refinancing, downsizing, shopping for a rental, and even your first mortgage, we acquired you lined. Specifically, I’m licensed in these states: California and Nevada. The data contained is the point of view of the presenter(s). Individuals ought to seek the advice of their very own monetary consultant. ( Equal Housing Opportunity. This data will not be meant to be a sign of mortgage qualification, mortgage approval, dedication to lend, or provide to enter into an settlement. Loans are topic to credit and property approval. Not all prospects will qualify. Information, charges, phrases, and availability of packages are topic to alter with out discover. Not all merchandise are obtainable in all states or for all greenback quantities. If you are refinancing your current mortgage, your complete finance fees could also be greater over the lifetime of the mortgage. VA loans topic to VA eligibility. Other restrictions and limitations apply.
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