Florida veterans and active duty military personnel in Key West have some wonderful benefits to take advantage of, in particular the 100% VA mortgage. The Department of Veterans Affairs guarantees these loans, which can finance as much as 100% of the value of the property in Florida, ensuring low rates and easier qualification guidelines than with conventional loans.
Benefits of a VA Mortgage
- Many VA loans are assumable, meaning if you sell your home the new owners can take over your mortgage rather than applying for a new loan. This is extremely attractive to many buyers and will set your property apart from others for sale.
- Those with less than perfect credit can sometimes qualify for a VA home loan even if they would not qualify for most conventional loans. The current min credit score is 620.
- The VA mortgage can allow you to purchase a home with very little initial out of pocket expenses. Up to 100% of the property value can be financed, and so can the VA funding fee. Closing costs are permitted to be covered by gift funds or paid by the seller.
- If you already hold a VA mortgage and would like to take advantage of today’s low VA mortgage rates a streamlined refinance can be considerably simpler, less time consuming, and less expensive than a conventional refinance. Request a quote now to see what the rates are today and what you could be saving.
Get started on a VA Mortgage Loan today
Our mortgage consultants are experienced VA home loan experts. They can help you determine whether you are eligible and apply for your certificate of eligibility from the Department of Veterans Affairs. They can also let you know what the current loan limit is for the county in which you live or are looking for a home, and guide you through the entire process. Florida home buyers can contact us today at 800- 871-2636 for a no-obligation VA home loan consultation. Please also visit
VA loan questions? We are available to assist you 7 days a week. For quick service please submit the “Request Contact” form at the top right side of your screen. Mobile users can find the short Request Contact Form here. Please also be sure to visit www.FiveStarsMortgage.com for the latest mortgage info.
Serving Monroe County – Big Pine, Islamorada, Key Colony Beach, Key Largo, Key West, Layton, Marathon, Sugarloaf Key, Tavernier. Florida keys VA lender 2015