Documents you will need. You can download the guide to the main supporting documents from UKVI here. A detailed overview of the types of documentation expected with a Tier 4 (General) student application can be found here.
Letâs try to put that 620 score minimum into perspective. Thereâs a common misconception that you need great or even perfect credit for a VA loan. Check out where a 620 score typically falls in the grand scheme of credit scoring:
1 - Since your credit score isn't taken into consideration when you apply for a VA loan, you are always going to pay a lower interest rate. 2  For traditional mortgages, a person's credit score can have a dramatic-and very negative-impact on the rate that they end up paying. Funding Fees-Down payments are not required for VA home loans. 2  However, if you make a down payment of at least 5% of the purchase price, you can avoid funding fees. 3  Funding fees are required by law for VA home loans. 4  For those who make no down payment whatsoever, the funding fee is going to be around 2.15%.