What Credit Score is Needed for a VA Loan?

Find out the answer to the question, “What credit score is needed for a VA loan?”

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If you’re a veteran or active duty military member, you may be eligible for a VA loan. VA loans are mortgages that are guaranteed by the U.S. Department of Veterans Affairs and can be used to finance a home purchase or refinance.

One of the benefits of a VA loan is that there is no minimum credit score required. However, lenders will typically want to see a credit score of at least 620 before approving a loan. Keep in mind that each lender has their own individual standards and requirements, so it’s always best to compare rates and terms from multiple lenders before committing to a loan.

What is a VA Loan?

A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and new construction.

Who is Eligible for a VA Loan?

VA loans are available to eligible veterans, active-duty service members and some surviving spouses. In most cases, you’ll need to obtain a Certificate of Eligibility from the VA before a lender will approve your loan.

There is no minimum credit score required for a VA loan, but lenders typically require a score of 620 or higher. If your credit score is between 580 and 620, you may still be able to qualify for a VA loan, but you may need to put down a larger down payment.

Other factors that can affect your eligibility for a VA loan include your debt-to-income ratio, employment history and any previous bankruptcies or foreclosures.

What Credit Score is Needed for a VA Loan?

The credit score needed for a VA loan will vary depending on the lender, but in general, you will need a credit score of at least 600 to be approved for a VA loan. This is higher than the minimum credit score of 580 that is required for a conventional loan, but it is still within reach for many consumers.

If you have a lower credit score, there are still options available to you. You may be able to get a VA loan with a cosigner or by using other compensating factors to offset your low credit score.

If you’re not sure what your credit score is, you can check it for free on sites like Credit Karma or Credit Sesame. Once you know your credit score, you can start shopping around for lenders who offer VA loans to borrowers with your credit profile.

How to Improve Your Credit Score

There are a number of things you can do to improve your credit score, but the most important is to make sure you make all your payments on time. If you have any outstanding debts, it’s also important to pay them off as soon as possible. Other things you can do to improve your credit score include:

– Keeping your credit card balances low
– Using more than one type of credit
– Applying for new credit only when necessary
– Checking your credit report regularly for accuracy

If you have any questions about your credit score or how to improve it, be sure to talk to your lenders. They will be able to give you specific advice on what you can do to improve your chances of getting a VA loan.


With a VA loan, you can potentially qualify for a loan with a lower credit score than what is typically required for other types of loans. However, the minimum credit score you need is not set in stone – it can vary depending on the lender you work with. In general, it’s a good idea to aim for a credit score of at least 620 to give yourself the best chance at qualifying for a VA loan.

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