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Credit Score Requirements

benefits for qualified service members

VA Loan credit score requirements are lenient compared to other mortgages available.

The Department of Veteran Affairs has not established a minimum credit score needed for applicants to receive loan approval.

In fact, the VA loan program will not reject applicants on the solitary condition of low credit scores. Moreover, the program will usually only evaluate the previous 12 months of a borrower’s credit history.

Although there is not a standing credit score requirement for the VA loan, each individual lender may have their own minimum score requirement or standard.

The credit score requirement is entirely subjective and will vary greatly between each investor. The presence of collections, judgments, and other unpaid debt may negate a lender from issuing a loan though the presence of such financial adversity may not necessarily result in an automatic denial. Most investors will want to see an acceptable explanation for any late payments in the 12 months preceding the loan application.

If you are concerned that a low credit score may prevent you from successfully securing a VA loan, we recommend contacting VA Home Loan Centers.