Posted on: 02nd Sep, 2013 01:57 am
I am eligible for VA loan as I am a veteran. But my credit is not good. What do I need to do to get a loan?
Try to rebuild your credit score by making payments on your utility bills and other bills on time. Make sure you eliminate your debts as soon as possible before applying for the loan. Once you eliminate your debt and rebuild your credit score, you can manage to get a new loan with ease.
It will be easier for you to get a VA loan if your score is around 620-640. If you don't have that score, it will be better to improve your scores to that level.