Help With VA Loan And Credit Repair

[Paul Stout]

Please help out on this one BP Pro's.  I have a friend who is truly a great person and a Veteran of the United States Marine Corp.  He has the opportunity to purchase his in-laws house for him and his wife and child.  He told me he was going to hire a real estate agent to handle the transaction because he has no idea how to do any of it. 

Can someone who has gone through the VA loan process please let me know how we can help this young man. I will research an attorney so that the transaction closes without any issues but he is limited on funds and he doesn't even know where to start. I know we've had some veterans out there who have used VA loans so please help.

Also, his credit is below the minimum for the loan.  He was in a very dark place when he returned state-side and he did not pay his bills for a couple of months.  He had a spotless record before this and has had a spotless record since.  Is there anything he can do?  Apparently two of the three credit reporting agencies have him listed right about where he needs to be but the third has him well below the others.

I have other friends and family members who have suffered from PTSD and I have seen what it can do.  It is unfortunate that his service to our country resulted in a condition that has put him in this place outside of his control.  I would really like to help him so if anyone out there has any ideas please let me know.