To the good Virtual assistant mortgage, there’s absolutely no minimal credit rating, but the majority loan providers seek a great 620 credit score otherwise greatest. The advantages of a beneficial Va mortgage is actually you to definitely no down payment is needed and there much more easy DTI ratio criteria than just FHA. not, credit rating and you may DTI aside, there are more standards out of service amount of time in this new army you to definitely you truly need to have fulfilled so you can be eligible for an effective Va loan.
Sure, you could potentially indeed get a mortgage having an effective 720 credit rating. Brand new four sort of mortgages try Old-fashioned, FHA, Va and you will USDA. The first about three happen chatted about. Continue reading “Ought i Score home financing That have an excellent 720 Credit history?”