Many VA loan borrowers wonder if their interest rate is tied to their credit score. The http://www.directvaloans.com VA loan FAQ video series addresses the commonly asked question, How does my credit score affect my VA loan interest rate? With many conventional loans the rate you receive is directly tied to your credit score. The VA home loan program doesnt on a tiered rate structure based on credit score. From the VAs perspective, anybody qualified for a VA mortgage is eligible for the best rate. VA lenders and investors they are the ones actually lending the moneyâmay build in their own pricing differences to offset risk. Generally though, your rate wont be affected by your credit score on a VA mortgage. For the complete video series and to find more answers to your most commonly asked VA loan questions visit http://www.directvaloans.com/VA-Loan-Questions/Default.aspx.
