Florida VA mortgage lenders offer many of our Florida VA loan Officers and Loan Processors have family in their Military. Our Florida VA mortgage processors have many years of experience underwriting and processing Florida VA mortgage loans. Ask for one of our Government Loan Specialists for assistance with your VA Questions.
Florida VA mortgage benefits that only come with a VA mortgage:
- Easier qualification standards
- Less strict credit and income standards
- No down payment required
- Bad Credit Score VA loans Down to 550!
Secure a Florida VA Mortgage – If you’re a Florida veteran in the state of Florida and you want to purchase a Florida home or refinance your current mortgage using your VA benefits you really need to consider a Florida VA mortgage loan. Veterans who have served in the US Armed Services without a dishonorable discharge are eligible for a Florida VA guaranteed mortgage by the Department of Veteran Affairs (VA).
What is the Florida VA mortgage loan? The VA loan program exists to help veterans, men and women who have served this nation, purchase homes. The loans don’t come directly from the VA, however. Loans are funded by traditional lenders but backed by the VA. This allows lenders to offer better rates and terms on the loans they provide to veterans, and this, in turn, makes the entire mortgage process simpler and cheaper for veterans.
Florida VA Mortgage Benefits – VA mortgage loans come with many benefits attached, and to learn more about the details of the Florida VA mortgage loan program and what it can do to help you purchase your Florida home, contact a Florida VA mortgage specialist in your are as soon as possible. Get VA Approved Today!
The Florida VA mortgage Has No (0) zero down payments required.
VA loans Have Lower closing costs. Some fees are reduced for veterans.
No private Florida mortgage insurance requirement. The VA guarantees the Florida VA loan.
Low credit, income, and cash reserve requirements.
No prepayment penalties. You can pay your loan off as fast as you want.
A wide variety of loan types and term lengths to meet your needs.
VA Florida Mortgage Requirements and Eligibility- In order to qualify for a Florida VA mortgage loan, you must meet the basic Florida VA mortgage requirements. You must have served in the military for a period of at least 90 days, continuously. You must not have been dishonorably discharged. You must be an American citizen. These are the basic requirements. Additional requirements may be necessary based on your specific case. Our Florida VA mortgage loan specialist can help you determine your options and obtain a certificate of eligibility from the VA office.
Florida VA Mortgage Refinance-You don’t have to use a VA loan to purchase a home. You can also refinance your current mortgage with a Florida VA streamline refinance. It’s called a streamline refinance because it’s quick, inexpensive, and simple. A refinance is a good option if you’re able to secure an interest rate lower than your current interest rate. This can save you a lot of money on your monthly payments. Read below for further information about interest rates.
Florida VA Mortgage Interest Rates– Florida Mortgage rates for VA loans differ from place to place, and the rate you get may be higher or lower based on your credit score. Lenders typically offer significantly lower rates to veterans, though. You shouldn’t have any trouble securing a great deal on your next Florida home. Still, does some research before you settle on a Florida lender. Compare mortgage rates in your area and contact several local lenders to get an idea of the current rates available in the market. Fill out the form above to get started.
Florida VA Mortgage Lenders – Our Florida VA lenders in our network are specifically qualified to handle Florida VA mortgage applicants and have experience doing so. It’s important to get in touch with at least four local Florida VA lenders before you decide who to work with. All lenders offer slightly different terms and rates. Also, VA loan limits vary from place to place. Only a local professional will be able to keep you posted with any changes made to the VA program. You can get additional information from the Department of Veteran Affairs.