www.VAHomeLoansApproved.com
This VA Guide is brought to you by:
Kevin Guttman
Sr Mortgage Banker
Top Colorado Home Loan Originator
877-251-9709
Another benefit of taking out a VA Loan is that approval is not based
on credit score nor will your credit score affect your rate. Since approval
is based on a number of factors including income and job stability, less than
stellar credit will not stop you from getting a VA Loan. However, having a clean
credit history for the past twelve months will factor into whether or not you
will be issued a loan.
Also, Having a past bankruptcy or foreclosure does not automatically eliminate
you from taking out a VA Loan. While conventional lenders will not issue a loan
within four years of a bankruptcy, the VA only makes borrowers wait two years.
Of course, there are a number of other factors that go into whether or not you
qualify, but if your bankruptcy was more than two years ago it will not be an
issue when applying for a VA Loan.
As with bankruptcies, the VA has more lenient guidelines than conventional
lenders.
Three years must pass following a foreclosure for a Veteran to be issued a
VA Loan.
However, a borrower will be unable to qualify if the previous foreclosure
was on a VA Loan.
Your next step is to contact me Kevin Guttman,
your local VA Mortgage Specialist, to setup a free consultation
and develop your winning strategy for purchasing your new
home with a VA Loan.
If you would like to start the pre-qualification process,
just fill out as much of the following application as you
can. Someone will be in touch with you soon to answer
any questions you may have.
http://coloradohomeloanteam.
Or you can submit questions 24/7 here:
http://coloradohomeloanteam.
Until next time,
Kevin Guttman
Sr Mortgage Banker
Top Colorado Home Loan Originator
Colorado Home Loan Team
www.ColoradoHomeloanTeam.com
www.VAHomeLoansApproved.com
877-251-9709
8610 Explorer Dr #112
Colorado Springs, Colorado 80920
719-302-5820
Fax: 866-681-4354
help@coloradohomeloanteam.com
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