The best part? It’s often easier to qualify for a VA mortgage when you compare to other types of home loans. In fact, you may be able to get a VA home loan with a credit score as low as 620 provided you can prove your income and ability to repay the loan.
Military members and veterans have access to one of the best home-buying programs around – the VA home loan. Eligible service members and even their surviving spouses can use the VA loan to buy a personal residence with no money down, no private mortgage insurance (PMI) requirement, and better rates than they can get with a conventional home loan.