Question by BeautifulRose: Can a person get a VA mortgage loan approved with bankruptcy in past credit history?
Before we were married, more about nurse my husband went through bankruptcy ruining his credit rating. We are married and he has a 20 year employment with the Army, treatment hospital but is retiring in less than a year. My credit is in the upper 700’s, but I am currently not employed. Will they consider my credit and his retirement income to approve a mortgage loan.
Best answer:
Answer by bdancer222
Yes, but the bankruptcy needs to be 2 or 3 years old. If you apply jointly for a mortgage, both credit history will be considered and his income.
Also, I’m pretty sure the military member has to be an applicant to get a VA loan.
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No, they look at both people’s full story. You can’t use one from you and one from him.
If the BK is over about 3 years old, you should be fine as long as he has built his credit back up.