Do You Need Good Credit To Get A VA Home Loan? (What You Need To Know)

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  • Опубліковано 27 січ 2025

КОМЕНТАРІ • 23

  • @johnnygross4415
    @johnnygross4415 2 роки тому +4

    At 76 years old, kinda hard getting a 30 year loan.

    • @JimmyVercellino
      @JimmyVercellino  2 роки тому +2

      Hey Johnny - thanks for the comment sir. It’s actually against the law to discriminate against a loan applicant based off their age. If you qualify for a loan, you get a mortgage loan. 💯💪

    • @johns20901
      @johns20901 Рік тому +1

      I got a 30 year mortgage last year at age 74. no problem at all. It was from G.Rate but this gentleman knows his stuff so contact him or a good real estate agent will also know that age is not a factor. I mistakenly thought so also.

  • @besthomesdfw5391
    @besthomesdfw5391 2 роки тому +1

    Hey Jimmy, thanks for great info, we can still do a 2-1 buy down rate to save money right?

  • @anthony1776diaz
    @anthony1776diaz Рік тому

    What about those who have no credit score? Can they get a manual write-up if they have a large enough down payment?

    • @JimmyVercellino
      @JimmyVercellino  Рік тому

      Yes, that's possible. We would just need to ensure the investor would be okay with that.

  • @robertdelgado5944
    @robertdelgado5944 Рік тому

    Can I get a VA loan if I have collections on my credit report?

    • @JimmyVercellino
      @JimmyVercellino  Рік тому

      We've helped many veterans with collections on credit get approved for a VA Loan. Generally speaking collections must be older than 1 year old and you must have the min credit score needed for approval purposes.

  • @johnnygross4415
    @johnnygross4415 2 роки тому +1

    Could I buy a 25% partnership on my daughter's home? 70% disabled and SS

    • @JimmyVercellino
      @JimmyVercellino  2 роки тому +1

      Hey Johnny - VA would allow you to buy a home with your daughter but you must live in it. You could possibly refinance her mortgage with you on a VA loan thus making the home or a portion of the home yours too.

  • @robyneagen8506
    @robyneagen8506 2 роки тому +1

    What if you don’t meet the service time requirement but do have a 10 % disability rating can you still get a VA loan?

    • @JimmyVercellino
      @JimmyVercellino  2 роки тому

      Hi Robyn - if you receive VA disability I’m confident you would rate a VA Loan. Pls email me at jimmy@valoansforvets.com and we can get you get it squared away.

  • @shellyvester1737
    @shellyvester1737 2 роки тому +1

    Can you buy property and build on it with a VA loan?

    • @JimmyVercellino
      @JimmyVercellino  2 роки тому

      You sure can. Key thing would be to find a lender who is orginating these types of loans. Goldwater Bank is currently originating them from what I've been made aware.

  • @corteydmusic
    @corteydmusic Рік тому +1

    Up

  • @lesliehatun2044
    @lesliehatun2044 2 роки тому

    Funny, how they come crawling back to Veterans.

  • @DaytimeNightmare
    @DaytimeNightmare Рік тому +1

    Basically 620. 🛑👈

  • @immrme3259
    @immrme3259 2 роки тому +1

    iv called you twice for some VA advice never get an answer, do you have an email

    • @JimmyVercellino
      @JimmyVercellino  2 роки тому +2

      I’m sorry to hear that you’re having trouble contact me. Pls contact jimmy@valoansforvets.com