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A: Why use a Connecticut Mortgage Broker?
Connecticut Mortgage brokers.
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3. Mortgage Process >>
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to see that if you have had difficulty in the past, you have established a good payment history with at least 3 creditors for at least 12 months. If you happen to have overall good credit, but with some minor 30 day late payments, this can sometimes be overlooked with a letter of explanation.
Conventional:
Conventional Connecticut home loans typically carry the strictest credit standards. Typically they will looks for a solid credit history for the past two years. Sometimes some minor late payments can be overlooked with a letter of explanation.
With a conventional Connecticut home loan typically if you have strong assets and a solid work history this can also allow them to overlook some minor late payments.
Veterans Administration (VA):
VA Connecticut home loans carry similar credit criteria as FHA Connecticut home loans. With VA Connecticut home loans, the rules are a little more defined. You must have VA eligibility first to qualify for the CT mortgage itself.
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