Contributor
adonis2011
Posts: 84
Registered: ‎04-03-2012
VA loans through Wells Fargo
My husband and I are having our file sent to uw for a VA loan though Wells Fargo. Our closing costs are being paid by the builder. We don't have any reserves because we've been actively paying off items on our credit to improve the scores. We have a 613 and 603 mod scores. I did have to write a letter of explanation already regarding the reserves and also we had 3 NSFs on our bank statement for one month. What are people's experiences with WF VA loan process? Our debt ratio is very low and we don't have any lates in 12 months on car payments/ credit cards. Any feedback would be appreciated. Thanks! We are so nervous!