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Is this a beginning of some good news? There is some bad news that goes with this increase in sales. The median home price dropped further in December to $454,000 from a high in October of $558,000. Hopefully, if sales stay strong the median home price can climb back up as the inventory of homes on the market shrinks.
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The best starting point when looking to secure a VA loan is a good credit score. This however begs quite a number of questions including what exactly defines a good credit score? What is the minimum credit score required for a VA loan? What comparison is there between the credit requirements for the VA loans and other available mortgage options?
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