A 630 credit score isn't that bad though - it certainly isn't excellent but it's high enough to meet the minimum score requirements on most lenders VA loan programs (which are usually either 600 or 620). What is on your credit is equally as important as your credit scores though. The last 12 months of credit is closely looked at. Do you have a copy of your credit report history? Have you had any new collections/charge-offs or late payments within the past 12 months? Where did you get your credit score from, another mortgage lender or was it from an online website?
Shane Milne | Lending in all 50 states | NMLS #81195
I speciailize in Under 640 Fico Score Loans and offer credit repair at no cost to repair or raise fico scores to qualify for a home loan. I can determine what needs to be done in to obtain financing in minutes. If you have a copy of your credit reports I can advise you by analyzing the reports. I also offer CHF Access half percent down payment program with a minimum 580 fico score which can also contribute towards your closing costs as well. Here is a link for information on VA and a needs list to gather for processing a loan approval.
Sheryl Arndt, standard needs list checked, pdf
Sheryl Arndt, Real Estate Broker â€“ Sr. Loan Officer CA only
REO & Short Sale Specialist
Veteran and VA Loan Specialist
20+ Years Experience