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Find out your next steps and the options available to you.

Buying a home is a vital part of the American Dream – one which our veterans deserve to achieve. VA loans are designed to help make attaining that goal a bit easier. Occasionally, however, a veteran can be turned down for a VA loan – making the dream feel out of reach.

What can you do if this happens to you? The good news is, you do have options.

Get the details

A first step is to review the ‘Adverse Action’ notice the lender will send when they deny a loan. It contains information that will help you understand exactly what the reasons were for the decline so you that you can start to identify and address the problem.

Have a plan

The reason for your mortgage decline should not necessarily deter you from trying again. If your credit score was too low, you may want to do some research into other lenders’ qualifications because this can vary. (The VA doesn’t have a minimum credit score requirement – but many lenders have their own guidelines over and above VA requirements called ‘overlays’).

Not enough income to qualify? You may want to consider financing less. In short, know what your options are so you can successfully obtain the financing you need.

Prevent issues before they start

You can take pro-active steps to help ensure a smooth, successful VA loan experience. Review your income, debts and credit score as a first step. Get pre-approved for your VA loan, so that you know where you stand before you start your home search. Ask questions of lenders.

We want to do all we can to ensure that your American dream is realized.

Contact us with questions and information about our VA loan program. 

Other Insights

Get the latest tips and insights to help guide you throughout your homeownership journey.

How to apply for a VA loan

Here are the steps needed to get a VA loan and get you on your way to your new home.

Qualifying for a VA loan after bankruptcy

Find out how it can be easier for military families to bounce back from bankruptcy.

Can a surviving military spouse get a VA loan?

Find out how the VA benefit extends to spouses.

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