Member
kentucky_golfer
Posts: 14
Registered: ‎11-03-2012
Started approval process with Veterans United Home Loans today

I have been working on improving my credit for about 2 years now.  I have a BK discharged in May 2010 and today I took the plunge and applied for a mortgage with Veterans United.  They pulled my scores and my middle score was 635.  Normally they only required a 620 but with a BK within the last 3 years they require a 640.  They referred me to their in-house credit improvement department to help me gain the extra 5 points.

 

The nice gentleman I spoke to suggested that I pay off a 2 year old Verizon collection and pay down one of my credit cards to about $50.  I paid the collection today and will be paying the credit card later this week.  They will then do a rapid rescore and that should push me above 640.

 

Anyone have good success stories with Veterans United?