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VA Home Loans: The Most Beneficial Veteran Benefit

VA mortgage loans are among the most valuable benefits available to service members. To learn more, contact a Florida mortgage company.

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VA Home Loans: The Most Beneficial Veteran Benefit

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  1. VA HOME LOANS: THE MOST BENEFICIAL VETERAN BENEFIT

  2. Whаt ?ѕаn VA loan? Veterans are eligible for VA financing with no money down, which is a huge benefit. The advantages of utilizing your VA home loan are substantial enough to warrant consideration. The maximum loan amount is also not specified - you can borrow as much as you need as long as you match the standards.

  3. Fees are acceptable Because the VA only allows veterans to pay particular fees, you won't have to worry about huge closing expenses. The seller may even cover all of your closing fees, so you won't have to worry about them.

  4. Policies that are flexible Veterans who borrow $548,250 or less for a Florida house do not need to make a down payment. You must pay a 25% down payment on the difference between the loan amount and $548,250 if you borrow more than $548,250. For example, if the purchase price is $558,250, the veteran will be required to make a $2,500 down payment.

  5. Fees charged While the VA Funding Fee is an upfront fee, it can be rolled into your VA home loan, so it won't be an out-of-pocket expense for you. Furthermore, because it is funded into your new loan, only a few dollars are added to the payment.

  6. Contact Details Address 2203 N. Lois Ave Ste 1200 Tampa, FL 33607 Phone Number (407) 392-4031 Email Us 1stfloridamortgage@gmail.com Website www.1stfloridamortgage.com

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