Viewing a single comment thread. View all comments

badpeaches t1_izze9o5 wrote

Reply to comment by ProfBU in I’m Cornelius Hurley, academic, lawyer, 14-year director of a Federal Home Loan Bank. Ask me anything about the FHLBs. by ProfBU

> My first home was purchased with -0- down payment courtesy the VA and the GI Bill. > > How about a similar benefit for a year of national service?

You didn't have credit ratings back then.

5

H2-22 t1_j00g77l wrote

I have had a zero down VA home loan. Lots of service members and veterans have. I was in the 2nd Iraq war.

1

badpeaches t1_j00p8ai wrote

You can get approved for the loan with subpar credit ratings?

1

[deleted] t1_j023dt9 wrote

[removed]

1

badpeaches t1_j024jjt wrote

> VA and FHA loans don’t have strict credit rating requirements,

The loans don't but you can't get the loan from a bank with bad credit.

2