A credit report for the non-purchasing spouse is required to determine any joint or individual
debts. Any ACTIVE debt that is not in your name must be considered in your debt-to-income ratio and residual. Collections are not considered active debt.
Also, the Credit history of the non-purchasing spouse should not be the basis for declining the loan and the FICO score for the non-purchasing spouse is not considered either.
Based on the information you have provided, from a spousal credit standpoint you should be fine.
I do a lot of VA loans and I am located here in Nevada so am well versed in the area.
Feel free to contact me directly at 702-800-5077 and we can get you pre-approved.
Rey Gallegos (NMLS ID 557038)
Loan Officer | Retail Sales Branch Manager
W.J. Bradley Mortgage Capital LLC (NV License # 504)
2200 Paseo Verde Pkwy. Ste. 100
Henderson, NV 89052