Better Credit…Better Options
VA Mortgage Loan Qualifications
What are VA Mortgage Loan Qualifications?
The VA Mortgage Loan Qualifications are the guidelines used for VA home loans. These guidelines many times are much less restrictive than that of an FHA loan or other conventional mortgage options in regards to credit and down payment.
VA Mortgage Loan- VA Loan
What is a VA Mortgage Loan or VA Loan?
A VA Mortgage Loan or VA Loan is a mortgage loan made to a military veteran and guaranteed by the Veterans Administration.
What is a Vacated Judgment?
A Vacated Judgment is the result of a judgment made in the appellate court overturning the original judgment of a lower court. It makes the previous judgment void.
What is a Vantage Score?
Vantage Score is a consumer credit rating product used as an alternative to the FICO score. The scale for this core runs from 501 to 990 and provides lending companies with a way to measure creditworthiness of potential borrowers. The Vantage Scoring Model was a joint creation by the credit reporting companies (CRC’s) Experian, Equifax, and TransUnion.
Variable Rate Mortgages
What are Variable Rate Mortgages?
Variable Rate Mortgages or ARMs are mortgages with an interest rate that remains fixed for a specific period of time, but then adjust according to a specific index or benchmark annually or monthly.
What is Verification?
Verification is the process of making sure the information on a loan application is correct, such as gross income and assets.
Verizon – Verizon Wireless on credit report
What does Verizon or Verizon Wireless on a credit report mean?
When Verizon or Verizon Wireless show up on a credit report, it represents a past due account with Verizon and usually the account has already been sent to collections or has been charged off if it shows up on a credit report.
Verizon Pennsylvania on credit report
What does Verizon Pennsylvania on a credit report mean?
When Verizon Pennsylvania is found on a credit report, it represents a debt owed to Verizon or owed to Bell of Pennsylvania, which was the former name of the company.
What is a Victim Statement?
A Victim Statement is a statement added to a credit report to alert creditors of identity theft.
Victims of Fraud
What are Victims of Fraud?
The term “Victims of Fraud” refers to those victimized by identity theft.
View Point Bank
What is the View Point Bank?
View Point Bank is a community bank serving businesses and consumers in North Texas. They are based in Plano and provide retail and business banking services and loans.
Virginia Credit Union, Inc. Credit Union on credit report
What does Virginia Credit Union, Inc. on a credit report mean?
If Virginia Credit Union, Inc. shows up on a credit report, it means the individual owes a debt or holds and account with the company.
Visions Federal Credit Union on credit report
What does Visions Federal Credit Union on a credit report mean?
When Visions Federal Credit Union is found on a credit report, it represents any financial account between the Visions FCU and the individual, such as a car loan, mortgage or savings account.
What is Voluntary Bankruptcy?
A Voluntary Bankruptcy is when an insolvent debtor brings a petition to declare bankruptcy because he or she is unable to pay off debts.
Vystar Credit Union on credit report
What does Vystar Credit Union on a credit report mean?
Finding Vystar Credit Union on a credit report, means the individual owes a debt or holds an account with Vystar Credit Union.