Mortgage Blog

Blog Image: VA Loans for Veterans with Lower Credit Scores

VA Loans for Veterans with Lower Credit Scores

Most veterans are relegated out of the VA Loan Program by the marketplace for having lower credit scores and credit related issues.  Many lenders shy away from VA borrowers with less than 620 credit scores and others have instituted underwriting overlays that make it a requirement for score minimums as high as 640 for veterans. We offer the VA Program with a low score option that we refer to as VA Low Score. This program provides up to 100% financing for eligible borrowers with credit scores as low as 500. This provides the veterans the opportunity to buy a home and allows them to get the...

March 3rd, 2020 | mortgage, VA Low Score, VA LOAN, manual underwrite, VA Loans for Veterans with Lower Credit Scores

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Jefferson Mortgage Group LLC

2536 Leeds Rd.
Oakton, Virginia 22124
703-319-2198
FAX: 703-773-6946
info@jeffersonmortgage.com
NMLS: 935554

Located in Fairfax County, Virginia. Serving all of Virginia, Maryland, DC & Pennsylvania. 

Testimonials

Jefferson Mortgage Group LLC is licensed in Virginia, Maryland, DC & Pennslvania.
Virginia State Corporation Commission License Number MC-5659 and the Pennsylvania Department of Banking & Securities #46259 
The DC Department of Insurance, Securities, and Banking License #MLB935554
Maryland DLLR License #21586

An Equal Housing Lender

By refinancing the consumer's existing loan, the consumer's total finance charges may be higher over the life of the loan.

This material is not from HUD or FHA and has not been approved by HUD or any government agency.