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Check with your local VA Benefits Representative. If my memory is correct, you do not need to have a 620. Remember, the VA guarantees 80% payment of the loan in case you default. If you have any closed accounts with balances, you will be required to settle them with the debtors. VA will require a letter from you explaining your indebtness. They also look at you debt to income ratio. You will also get the current rates available in your area. You do not want to mention anything about retirement. You would want to complete the purchase before leaving the service. The VA Rep can walk you through the process and answer all your questions. One final thing; It's going to be a long process. The VA never ask for all required documentation up front. Just when you think you've submitted all required documents, something else will be required. Good Luck!

Hello everyone, I was wondering if anyone could provide info on combining a va mortgage with a 2nd mortgage. The situaion is; I have a VA mortgage with BOA at 6% and a 2nd mortgage through CWL aka BOA at 12.9%. The home value is currently at the combined loans value. So basically, the equity is at 0. Credit scores are Equifax: 624, Trans: 675, and Experian: 695. I would like to combine these through streamline if possible. If I cannot, I do believe I can get an IRRL with the VA mortgage to lower that rate. Any answers/suggestions?

Hello everyone, This is my first inquiry to this forum. My questions to you all: 1. Is there anyway you can get hard inquiries removed from your credit report in less than 2 years (2 months)? Can this be done by contacting the creditors themselves and requesting to have this removed? 2. What are the best ways to get your credit scores spiked? I know using less than 30% of your limit, and no late payments are good. I would like to get my scores over 700 within 3 months. buylowGA EQ - 674 EX - 698 TU - 654