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Credit score has very little effect on actually getting a loan, loans are based on your credit profile (open loans, faulted loans, paid loans, etc.) there fore my recommendation would be to check your credit profile for free at an online location. (can only be done 1 time per year)

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12y ago
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Q: How good a credit score do you have to have before you can get a VA loan?
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Related questions

Is it possibleto get an auto loan with a 547 credit score?

It is unlikely that a bank would give a person a loan who has a credit score of 547. A good credit score for a loan would be between 700-800.


Can you get a no money down loan with credit score of 780?

It is highly likely. This is a good credit score.


What is needed to qualify for a loan?

A good credit score.


Does your credit score affect your auto loan rate?

Absolutely it does! Your credit score is used by credit agencies to determine the amount of risk they are taking on. If your credit score is bad or low then you auto loan rate will be higher. However, if your credit score is good or high then your auto loan rate will be lower.


Where can you get a loan with a 567 credit score?

Typically, NO. The average score in the USA is 687. At 567, you are 120 under the national average. Fix your credit and improve your credit score first before applying for a loan.


Can you get loan with bad credit score for your business?

No, because you need good credit.


Does credit count for a 203b loan?

Yes, a good credit score (credit history) is required to be approved for an FHA 203(b) loan.


Can you get a loan from a bank with a responsible co signer?

Your abaility to obtain a loan from a bank is generally based on your credit score and what type of loan you would like to get. Generally, if you have a cosigner that has a good credit report you should be able to get a loan.


Whether its necessary to get credit score advice before apply for any loan online.?

It is not necessary to obtain credit score advice before applying for an online loan. You can apply at such websites as onlineloan24.com/ or ameriloansearch.com/ which does not require a credit check!


Can I apply for a car loan with a credit score of 593?

This is a very poor credit score. You can apply but it is unlikely you will get a loan without a cosigner. If you are able to get a loan without a cosigner your interest rate will be very high as compare to someone with a good credit score of over 700.


Can you get another loan without a cosigner?

Yes, if you have a good credit score.


How good does your credit need to be for a car loan?

Nothing is published on what credit score you must have to obtain a car loan. There is information about having a high score means getting a better rate on your car loan.