In fact, one of the most common questions we receive is, “Can I get a VA loan with bad credit?”
The short answer is yes, it is possible to get a VA loan with bad credit. For VA loans, borrowers often need a FICO score of at least 620, but the VA doesn?t mandate a minimum credit score requirement and some lenders may be willing to go below that common 620 cutoff.
Darryl founded Smith Financial Advisors Inc. in 2006 after over 30 years experience in financial services including Mergers & Acquisitions, Investment Banking and traditional Commercial Banking activities at Bank One. Smith Financial Advisors is a Registered Investment Advisor in the State of Illinois. The firm specializes in Investment management, financial planning, and retirement planning.