Vet Your Credit

We Put You On a Path of Home Ownership

Vet Your Credit – A Complimentary VA Home Loan Credit Counseling Service to Get Veterans, and their Families, On the Path to Homeownership

Sponsored by Counsel Mortgage Group
AZ LO #0913799 NMLS #161653
AZ MB #0909580 NMLS #178927

Are you a VA Home Loan eligible Veteran or Spouse in need of credit improvements to qualify for a new loan or refinance an existing VA Home Loan?

Have you been denied by a lender in the past?

Let Vet Your Credit help you qualify to use your VA Home Loan Benefits.

Our complimentary services help you qualify for a VA Home Loan, with lower interest rates, through expert credit analysis, credit consulting for a personalized action plan, and assistance by our knowledgable team. Our mission is to help every veteran own a home!

 

Contact the Vet Your Credit Team

(602) 671-9500

Or, Send Us a Message at info@vetyourcredit.com to Get Started!

Why the VA home loan?

The VA Home Loan is the best loan in the mortgage loan industry. Here’s why you should be using yours!

* No Minimum Credit Score
* No Mortgage Insurance
* Competitive Interest Rates
* Housing Allowance for Active Duty Military

 

* No Mortgage Insurance
* Competitive Interest Rates
* Housing Allowance for Active Duty Military
* No Prepayment Penalty

Vet Your Credit uses credit improvement techniques, responsible budgeting, and sound credit decisions to help veterans obtain their VA Home Loan Benefits.

Veterans with satisfactory credit, sufficient income, and a valid Certificate of Eligibility (COE) may meet the requirements for a VA Home Loan, Cash-out refinance or an Interest Rate Reduction Refinance Loan. 

Let us help you access resources to become a homeowner or refinance your existing home loan.

Jim Moore is a Vietnam Veteran paying it forward with this VET Your Credit Free Program as his way of recognizing his fellow veterans and giving the required professional attention they deserve. It is Jim’s personal touch that makes the VA Home Loan experience the most gratifying.

Jim Moore is a licensed Mortgage Loan Originator through the Arizona Department of Financial Institutions. Jim has 18 years of mortgage loan experience in all types of residential loans but is especially passionate about VA home loans.Jim has a proven track record of helping other veterans apply for and obtain VA Home Loan benefits. Whether it is purchasing or refinancing, Jim is an expert credit analyzer who will give you a written credit analysis, a written action plan, a personal credit consultation, and a pre-qualification letter once approved.

VA home loans can be used to: 

* Buy a home or a condominium unit in a VA-approved project 

* Build a home 
* Simultaneously purchase and improve a home 
* Improve a home by installing energy-related features or making energy efficient improvements 
* Buy a manufactured home and/or lot 
* Refinance an existing VA-guaranteed or direct loan for the purpose of a lower interest rate

Are You Eligible?

 

You must have satisfactory credit, sufficient income, and a valid Certificate of Eligibility (COE) to be eligible for a VA-guaranteed home loan. The home must be for your own personal occupancy. The eligibility requirements to obtain a COE are listed below for Service members and Veterans, spouses, and other eligible beneficiaries.

Eligibility Requirements for VA Home Loans

 

World War II – September 16, 1940 – July 25, 1947

Korean War – June 27, 1950 – January 31, 1955

Vietnam War – August 5, 1964 – May 7, 1975

Service Requirements:

At least 90 days active duty – with other than dishonorable discharge

Less than 90 days active duty – if discharged for a service-connected disability

 

Gulf War – August 2, 1990 – to be determined

Service Requirements:

24 months continuous active-duty – with other than dishonorable discharge

At least 90 days or completed the full term that he or she was ordered to active duty with other than dishonorable discharge

At least 90 days active duty – and discharged for hardship, reduction in force, condition interfered with duty or compensable service-connected disability

Less than 90 days active duty – if discharged for a service-connected disability

 

All – July 26, 1947 – June 26, 1950 and February 1, 1955 – August 4, 1964

Enlisted – May 8, 1975 – September 7, 1980

Officers – May 8, 1975 – October 16, 1981

Service Requirements:

At least 181* days continuous active duty – with other than dishonorable discharge

Less than 181 days active duty – if discharged for a service-connected disability

 

Enlisted – After September 7, 1980

Officers – After October 16, 1981

Service Requirements:

24 months continuous active duty – with other than dishonorable discharge

At least 181 days or completed the full term that he or she was ordered to active duty with other than dishonorable discharge

At least 181 days active duty – and discharged for hardship, reduction in force, condition interfered with duty or compensable service-connected disability

Less than 181 days active duty – if discharged for a service-connected disability

* 90 days applies for wartime

 

If you are now on active duty, eligibility can be established after 90 days of continuous active duty.  Upon discharge or release from active duty, eligibility must be reestablished.

 

If you are not otherwise eligible and you have completed a total of six credible years* in the Selected Reserve or National Guard (member of an active unit, attended required weekend drills and two-week active duty for training) and one of the following:

Were discharged with an honorable discharge

Were placed on the retired list

Were transferred to the Standby Reserve or an element of the Ready Reserve other than the Selected Reserve after service characterized as honorable service

Continue to serve in the Selected Reserve

*Individuals who completed less than six years may be eligible if discharged for a service-connected disability.

The spouse of a Veteran can also apply for home loan eligibility under one of the following conditions:

  • Unremarried spouse of a Veteran who died while in service or from a service connected disability, or
  • Spouse of a Servicemember missing in action or a prisoner of war
  • Surviving spouse who remarries on or after attaining age 57, and on or after December 16, 2003
    (Note: a surviving spouse who remarried before December 16, 2003, and on or after attaining age 57, must have applied no later than December 15, 2004, to establish home loan eligibility. VA must deny applications from surviving spouses who remarried before December 6, 2003 that are received after December 15, 2004.)
  • Surviving Spouses of certain totally disabled veterans whose disability may not have been the cause of death

You may also apply for eligibility if you fall into one of the following categories:

  • Certain U.S. citizens who served in the armed forces of a government allied with the United States in World War II
  • Individuals with service as members in certain organizations, such as Public Health Service officers, cadets at the United States Military, Air Force, or Coast Guard Academy, midshipmen at the United States Naval Academy, officers of National Oceanic & Atmospheric Administration, merchant seaman with World War II service, and others
  • You are an un-remarried spouse of a Veteran who died while in service or from a service-connected disability
  • You are a spouse of a Servicemember missing in action or a prisoner of war
  • You are a surviving spouse in receipt of Dependency and Indemnity Compensation (DIC) benefits in cases where the Veteran’s death was not service-connected

Note:

A surviving spouse who remarries on or after age 57 and on or after December 16, 2003, may be eligible for the home loan benefit.  However, a surviving spouse who remarried before December 16, 2003, and on or after age 57, must have applied no later than December 15, 2004, to establish eligibility.

 

Restoration of Entitlement

Veterans can have previously-used entitlement “restored” to purchase another home with a VA loan if:

The property purchased with the prior VA loan has been sold and the loan paid in full, or

A qualified Veteran-transferee (buyer) agrees to assume the VA loan and substitute his or her entitlement for the same amount of entitlement originally used by the Veteran seller. The entitlement may also be restored one time only if the Veteran has repaid the prior VA loan in full, but has not disposed of the property purchased with the prior VA loan. Remaining entitlement and restoration of entitlement can be requested through the VA Eligibility Center by completing VA Form 26-1880.

 

If you are a low-income disabled Veteran and would like to apply for assistance with VA Home Loan fees please email vdh@creativedrillsergeants.org or call us at
602-842-4400 option 1