I am looking to buy a home in Las Vegas but my credit is just under 620, probably 600-615. I am a veteran so I want to do a VA loan.
My income is 75K and my DTI is 20%. I have run into the "we want to wait until we can do automated underwriting" excuse and they want to wait until my score is 620+. Can anyone help with where I am NOW?
(0) | asked by: Kenneth Partyka | share | 9 months ago | Report
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With such a Low DTI, this shouldn't be an issue with my lender. Feel free to contact me if you need further assistance.
Make sure you find a lender familiar with the new VA guidelines, for a list of qualified lenders please feel free to contact me.
answer by Frederic Billy
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I will be happy to put you in contact with a qualified lender. You situation can be assessed with a 15 minute phone call.
We can help you with 600 credit score. You can reach me through my profile.
hi Kenneth just contact me ! I do have a good lender to work on your case
Kenneth, if you are still interested in buying a home please let me know, maybe we can get together soon, I have a really good lender that Might be able to help, ! Probably better to sit down and talk! I love working with the VA!Best wishes, Lilly
Contact a lender and they can help you go in the right direction.
There are lenders that probably can accommodate your situation-- especially if you are eligible for a VA loan. It's been a couple months since you posted & I see no other answers here. Are you still in need of assistance?
Hi Kenneth- You can get a VA loan with that credit score- what is stopping many lenders is that they have overlays which are added requirements above and beyond what VA actually allows. I would love to help you, and I know how. Call or text me anytime.
answer by ACCREDITED LENDERS
Do you need a business or personal loan? accredited lenders is a household name that have stand the test of time, contact me via my profile for details on how to qualify for loan.
Hi Kenneth, there are lenders that will help you increase your credit score as part of the process - not a credit repair or "wait until..." I just handed the keys two weeks ago to a family in exact same situation, VA loan; the lender guided them through the process at no extra cost, not do-it-yourself (can be a guessing game). Please feel free to contact me and I can recommend several lenders that make this part of their services to help you not only qualify but have a decent interest rate for the loan.
Hi Kenneth- I have worked with alot of Millennials that are just learning about their credit score means as well as people of all ages that went through a Foreclosure or a Short Sale back after the melt down. I have literally sat down with them to opened a credit score tacking account with them on Credit Karma dot com , a secure site where you input your Social Security Number, list all of your bank accounts, credit cards assets, liabilities etc...etc. It's a great tool for you to learn what you have to do to improve your credit based on your specific circumstance. I have also found that most of my clients get a quick jump (25-80 points) just by finding and correcting discrepancies that were sitting on there report that they didn't know about. There are also tutorials in the system that can educate you about credit and you learn at your own pace. They will also notify you when there is a charge to one of your cards and send you updates of action you can take to keep improving. Just the fact that you pay attention helps your score. I find that for the clients that have used it along with the guidance of my lender, we usually can have you qualified for a loan and in a home within 4-6 months. If you need a helping hand, go to my profile page and give me a call.
Kenneth, Make sure you are paying down debt to raise your score. As well have you shopped different VA lenders for financing. Find a great lender who will help you and guide you on you credit score, debt, and be a partner with you to get you a great loan.
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