If you fall-in the fresh new zero borrowing from the bank urban area, then your prospective degree is set predicated on past book fee history, automobile insurance, or other monthly expenses.
Also a few late repayments over the last 12 months or people delinquent or untimely expense can merely produce denied, not. However, this will be a location that the Va has the benefit of an excellent work around’. I’d like to describe.
Just because you may have later money, regardless of if, this might maybe not trigger an automatic denial. There is an exclusion for this signal under special situations. Continue reading