What Is Limited Credit History?
When you apply for a VA loan, a VA lender will review your credit history using a credit report provided by a credit bureau. Some Veterans have very little credit, perhaps because they have stayed away from getting into debt. You would think avoiding debt is a good thing, but this can get complicated when you’re trying to build a credit history. Some VA lenders will actually turn you down if you have a limited credit history. That’s not the case with all VA lenders. Don’t give up your search for a VA loan because you’ve been turned down for limited credit history. There is hope with HomePromise.
What Is A No Score VA Loan?
A credit score is a number used by lenders to evaluate your credit history. If you have a limited credit history then you may not have enough credit information in your history to create a credit score. Many VA lenders will deny you if you don’t have a credit score or have a limited credit history. We offer VA loans to Veterans who have no credit score. Call today to see if you qualify.
How To Get Approved With A Limited Credit History
We are experts with approving limited credit histories for Veterans. You may qualify even if other lenders have turned you down. For more information call 800-720-0250 to speak with a VA Loan & Refinancing Expert with HomePromise.
I just want to thank you very much for your work to help us refinance our loans. I know you had to do so much work for us and we really appreciate it. If I know anyone who wants to buy a home or refinance I will do my best to refer you to them. Again, thank you very much.
This company out did themselves in my expectations. They were not pushy; they waited on me and kept contact with me even when I wasn’t sure if I was going to be able to refinance. I had a wonderful experience and highly recommend them for your next mortgage needs!
My mother recently had a refinance with HomePromise. The process was easy for her (and I) to follow. The loan representative was very helpful and responsive for the entire process and explained everything. I would definitely recommend this company.
I am a Veteran and they helped me understand the best options with my VA loan. They were great all through the process. I will definitely be telling others about Home Promise.
