What banks are the easiest to get a home loan from with insufficient credit history?

score around 600, and eligible for a VA loan. Also, have a structured settlement to use toward income.

What banks are the easiest to get a home loan from with insufficient credit history?
I would recommend going to a mortgage broker. They can shop around to get you the best rate. Find one with a good reputation in your area.





Here is some info to consider when researching your broker.





Tips for Selecting a Mortgage Broker or Banker


When choosing either a mortgage banker or broker you should consider the following tips:


Decide on whether getting the “best available rate” is more important, or if you want to deal with the institution that will actually lend you the money. A mortgage banker can give you direct approval, and sometimes that can cut a week or so out of the process.





Whether you choose a banker or broker SHOP AROUND. Make sure that you feel comfortable with whom you are going to do business. Can this person answer all your questions satisfactorily? Does he/she act in an ethical and professional manner?





Beware of high-pressure sales tactics. You should never accept a loan that you do not understand. You should walk away from anyone who pressures you or makes you uncomfortable. You are not obligated to proceed at any time in the process. You are only obligated when you sign the documents at the title company. Even then, in Arizona, you have a 3 day right of rescission when refinancing. Purchase loans do not carry that same 3-day right, so be very sure you are satisfied and understand the product completely.





Ask friends, family and co-workers for references. They are a valuable resource, and usually can provide the name of someone they have used and found to be trustworthy. Ask them if their broker/banker communicated with them throughout the loan process. Referrals are probably your best way to find a good broker/banker.





Beware of claims that seem “too good to be true," and run from upfront fees. For example when you hear “no closing costs” little red flags should go up. Compare closing costs and interest rates line by line on your Good Faith Estimate. Also beware of upfront "fees." A reputable firm will not charge “rate lock fees” or “application fees.” Most reputable brokers and bankers will not charge upfront fees at all. The only fee you should expect during the loan process will be the charge assessed by your licensed real estate appraiser.





Hope this helps! Good luck with your home loan. I am glad to see you doing your research. It should allow you to feel comfortable with your loan and your home.