You're not the only one who heard no.
Another lender already turned me down.
I was told I need a 620.
I don't want another credit pull just to hear no.
I've been renting so long I stopped believing this was possible.
I hear these often. Every lender sets its own rules, so one lender's answer is not always the final answer. Let's look at yours.
Val Nuttall, U.S. Air Force veteranWhat your denial may actually mean.
A lender's own rule
Many lenders add their own requirements on top of VA guidelines. Another lender may not have that same rule.
A file that wasn't fully reviewed
Sometimes a quick look at a score is where the review ended. A full look at credit, income and debts can tell a different story.
A real issue that needs a plan
Sometimes there is something to work on. When that's the case, you deserve to know exactly what it is and what to do next.
The VA itself does not set a minimum credit score.
Many veterans are told every VA loan needs a 620. Individual lenders choose their own cutoff, and those cutoffs are not all the same.
How I review your file.
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1
I look at why you were told no.
Was it a lender rule, an incomplete review, or something real? We start there.
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2
I review your complete file before you shop.
Credit, income, assets, debts and documents, early, so there are fewer surprises later.
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3
I show you real estimated numbers.
An estimated payment, the cash you may need, and a purchase range that feels comfortable.
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4
You leave with a path or a written plan.
If you're ready, we map the next steps. If not yet, you get clear priorities in writing.
What I tell every veteran not to do.
Don't open new credit.
A new account can change your score and your debt picture.
Don't finance a car or furniture.
A new monthly payment can lower what you may qualify for.
Don't move money without a paper trail.
Undocumented deposits can create underwriting questions.
Don't pay a collection before we talk.
Some payments can have effects you don't expect. Let's look at it together first.
Don't change jobs without checking first.
A job change can affect how your income is counted.
Not sure where you stand?
No judgment. Just an honest look at your situation.
You'll have my full attention, like you're my only customer.
I served four and a half years in the U.S. Air Force, and I'm a disabled veteran. For more than 22 years I've helped veterans get into homes, and I work with veterans anywhere in Texas.
When another lender has told you no, I don't look at your score and search for a reason to decline. I look at your whole picture, explain what I find, and look for a responsible path to yes. When the answer isn't yes today, I tell you why and what to do next.
"Val was a miracle worker for my loan. Every other loan officer said they could not qualify me as a contractor, but Val was confident every step of the way. He was very communicative, on top of every detail until everything was locked in. I would not have my house if it weren't for Val."
"This is the second time we have worked with Val and just like the previous time Val was great and his assistance and communication was spot on. Thank you again Val."
"As a first time home buyer I was worried going into the process. From start to finish I had the help I needed. I didn't have to worry about the complicated information because Val was able to clear it up for me. I'm very grateful to have had this experience and I would recommend Val to anyone."