09-28-2012 10:31 AM
Does anyone know what the minimum FICO score is to be approved for a VA loan? Do they use the FICO score?
09-28-2012 02:34 PM - edited 09-28-2012 02:36 PM
620 mid score and yes most lendersuse a FICO
09-28-2012 02:47 PM
Thank you!! So many people viewed but didn't reply. I appreciate it!
09-28-2012 07:58 PM
no problem. My husband and I are applying for a VA preapproval Monday so that's why I know. There is not that much info here about VA loans.
09-29-2012 03:23 AM
Who are you applying through?
09-29-2012 11:07 AM
We have a private LO we are working with.
10-01-2012 01:23 PM
Just wanted to confirm what others have posted here. We recieved our pre-approval today and our LO wants me to be at 640 before we go into underwriting. 640 and up qualifies for a better rate. I am currently 639 mid score so I should be good.