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VA Loan Requirements

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Hi, all...

I've been googling myself into cross-eyed-ness, and I can't find a straight answer...what exactly are the credit requirements for a VA mortgage loan, specifically a cash out refinance? What are the minimum credit scores, DTI's considered? Anything else? We live in our house, this is our primary/only residence. Does each lender have a different guidelines, or are there specific ones that all lenders that do a VA loan comply with? 

My husband and I are in a pickle. Trying to get a cash out refi with bad credit (BK in 2016) and we modified our mortgage but they are showing late payments over the past year. I demonstrated we made each and every payment during 2018 and so far in 2019, they are saying those payments were for a couple months late in 2017. It's a mess.  So...I've redone my student loans. They're timely and good. The mortgage has been modified as of 5/1/19 and is good and "current".  Due to the BK, the mortgage is not reporting on our credit scores. I wish it was, if we could refinance into a new loan, it would be reported. All our bills are on time, but we do have a LOT of bills, both debt and medical and just living expenses. We thought a cash out refi would provide us the ability to pay off those bills and live comfortably without debt. We have about $200K equity in our house, and only wanted about $80K. We have secured income. Thank you for your help! 

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