While getting a VA loan without a credit score requires additional effort and documentation, it is absolutely achievable with the right approach. By finding an experienced VA lender who offers manual underwriting, documenting your alternative credit history, and demonstrating overall financial responsibility, you can still take advantage of this valuable military benefit.
While big banks and national lenders certainly close thousands of VA loans successfully each year, many veterans find that smaller, specialized lenders provide a superior experience with meaningful advantages.
Understanding the realities behind VA loans can help you make informed decisions when selling your property, potentially opening your home to a larger pool of qualified buyers.
With the Trump administration now in office, many veterans are asking important questions about the future of VA loans and how policy changes might affect their ability to purchase or refinance homes.
We got your six!
Mortgage Heroes has been helping Active Military and Veterans for more than 15+ years. This page is made to help all military families get the answers they are looking for when it comes to housing. Whether its questions about using your VA or new listings in SD, Mortgage Heroes are here to support just as each military member has supported this country!
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Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.
A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at
www.sml.texas.gov