
VA Just Changed How Collections Count On A VA Loan
The VA handbook now counts an unpaid non-medical collection at 5% of the balance divided by 12 months. A $10,000 collection drops from $500 to about $42.
Carlos Scarpero, VA Mortgage Specialist, NMLS 1674385
If you are going to get a VA Home Loan, the certificate of Eligibility is one of the most important things that you will need to obtain. Without the COE, you will not be able to get approved for a VA Mortgage Loan.
In this video, I’ll go through exactly what the COE is and how to get it.

The VA handbook now counts an unpaid non-medical collection at 5% of the balance divided by 12 months. A $10,000 collection drops from $500 to about $42.

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