by The Novus Texas Team | Sep 10, 2026 | VA Loans
VA borrowers often hear two numbers during mortgage qualification: debt-to-income ratio (DTI) and residual income. They are related, but they answer different questions. DTI asks how much of your gross monthly income is committed to monthly debt obligations. Residual... 
by The Novus Texas Team | Sep 8, 2026 | VA Loans
Yes, a Veteran with a 580 credit score may be able to get a VA-backed home loan, but there is an important catch: the VA itself does not set a universal minimum credit score. Your lender may. That means the right question is not simply “Does VA allow a 580?” It is... 
by The Novus Texas Team | Sep 3, 2026 | VA Loans
One of the most common VA loan questions is also one of the most misleading: “What credit score do I need?” The short answer is that the Department of Veterans Affairs does not publish a universal minimum credit score for a VA-backed mortgage. Your lender, however,... 
by The Novus Texas Team | Sep 1, 2026 | VA Loans
If you are a Veteran, active-duty service member, or other eligible borrower looking to buy a home in Texas, a VA-backed mortgage can be one of the most useful financing tools available. But “VA loan” does not mean automatic approval, and the details that matter in... 
by The Novus Texas Team | Aug 26, 2026 | VA Loans
VA Funding Fee Explained: 2026 Rates, Exemptions & How to Avoid Paying Out of Pocket By Ariel Carballo, Loan Officer & Sales Manager, NMLS #2097750 · Novus Texas Quick Answer The VA funding fee is a one-time charge, ranging from 0.5% to 3.3% of the loan... 
by The Novus Texas Team | Aug 19, 2026 | VA Loans
VA Loan Credit Score & Approval Requirements in 2026: What Lenders Actually Look At By Ariel Carballo, Loan Officer & Sales Manager, NMLS #2097750 · Novus Texas Quick Answer The VA does not set a minimum credit score for a VA home loan. There is no official...