VA Loans and bad payment history

When determining the risk of a loan, the VA is primarily looking at the last 12 months payment histories of a borrower. If a borrower with less than perfect credit has kept up with payments and bills for the preceding 12 months, the chance of loan approval will increase dramatically.

If you are looking to buy a house in the near future, taking extra care in paying all bills on time is well worth the effort. Check out similar questions in our FAQ section.