Qualify for VA loan?



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Answer #1

Unless your daughter has VA eligibility she may not co-sign for you. Actually it’s supposed to be married couples only but it might be possible to do it. I would have to research it further. If you really need to refinance you could go conventional with a co-signor but you must understand that when you have two people on a loan ALL lenders look at the lowest credit score of a person. So if you are on the loan that 540 score will be used. Which means you can’t get a loan. I would highly recommend speaking to your current lender to see if they can assist. Or have the credit repaired perhaps by a company. Be careful there though, there are many scam artists that promise everything and deliver nothing. Hope this was helpful.

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Brent Mendelson
Senior Loan Officer
1ST Mariner Mortgage
O-240-235-5314
C-301-412-0259
F-240-235-8236
Bmendelson@1stMarinerbank.com
Lending in all 50 states
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Answers Answered By: Brent Mendelson Level Rating133points

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