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One will not be able to secure a VA loan for multi-housing with a low down payment and a credit score of 500.

Despite the Veterans Association providing a minor backstop (financial guarantee) for veterans, a credit score of 500 will ruin your chances.

If possible, get a co-signer, preferably with a better credit record.

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โˆ™ 2010-10-07 02:52:07
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Q: How do you secure a VA loan for multi housing with no or little down payment when your credit score dropped from 840 to 500?
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