Re: Getting a VA Loan with Veteran spouse with bad credit
11-11-2012 11:01 PM
I am currently in the situation as the OP. I am still active duty and my wife is a vet who has bad credit. They just took her off the loan and used my income only. We will hear back within the next couple of week weather we are approved or not.
I think the difference with the OP is he's a civilian looking to use his wife's VA but without her on the loan due to her bad credit. Not sure, but check to see if she can transfer her benefit to you... I know with Post-9/11 GI Bill you can, but don't know if they extended that to VA Loan eligability...
Total Credit Lines: $133,700