Lenders take a number of things into consideration when evaluating a VA loan application. While there isn’t a credit score requirement for participation in the VA loan program many lenders want to see scores north of 620, and at Benchmark Mortgage this number is 580 to move forward with a loan. There are other factors …
Tag: military
April is the Month of the Military Child
As of September 2017 there were an estimated total of 1.3 million active duty service members in our U.S. Department of Defense and, another 800 thousand in the reserves. Of those 1.3 million, almost 22,000 individuals were from Kansas alone. Since 9/11 more than 2 million children have had a parent deploy, and more than …
VA Loans – What They Mean for You.
Homeownership is the desire of many, in fact, a survey by the National Association of Realtors found that 87% of respondents saw Homeownership as part of the American Dream. With stats like those, it comes as no surprise that this American dream – the dream our military has served to protect – is a desire …