When applying for a home loan having good credit is important. Lenders like to see people with a record of on time payments to creditors. A high credit score helps you to get a lower interest rate because it shows that you have made it an priority to pay your credit cards, car loans and mortgages in the past, on time. When it comes to VA loans, most of our investors require a 600 credit score, but some will go down to 580. The VA is lenient with low credit scores, but you won’t be able to get the best interest rate. If you have a 700+ credit score this will help you to get a good interest rate on a VA loan. It is important to know what your credit score is and how it will have an impact on your mortgage process and approval.