Buying a home with bad credit using a VA loan is entirely possible because the . While private lenders often set their own "overlays" (typically around 580–620), you can find specialized lenders willing to go as low as 500 through manual underwriting. Why VA Loans Work for "Bad Credit"
: VA loans have shorter waiting periods after major negative events compared to other loans: Foreclosure : 2 years (vs. 7 years for conventional).
Lenders look for "" to offset a low credit score: How to Get a VA Loan With Bad Credit - Veterans United