There's no better way for Bimini Florida military members and veterans to finance that Bimini Florida home than with a VA mortgage. With Florida-Mortgage-Lenders.com, you're sure to get the best VA mortgage deal to finance 100 percent of your home. You may qualify for a loan worth more than $417,000. To find out, complete our simple form as the first step in obtaining a Bimini Florida VA mortgage.
FLORIDA VA MORTGAGE LENDERS – VA MORTGAGE ADVANTAGES INCLUDE:
- Minimum 550 Credit Score!
- Seller Paid Cloing Cost up to 4%
- Insured by the Veterans Administration
- Seller paid closing cost up to 4% of the sale price
- 100% Financing - No Monthly mortgage insurance.
- VA mortgage Amounts to $417,000
- Jumbo VA loans to $700,000
- VA Streamlined Refinance Available
- Funding Fee can be Financed
- Competitive Rates
- Easier Qualifying No Credit Score VA Mortgages OK
USE THE VA MORTGAGE TO PURCHASE A BIMINI HOME WITH $0 DOWN
Now more than ever Bimini mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Bimini Florida first time home buyers. A VA mortgage loan is perfect for VA families and Bimini Florida first time home buyers because the borrower can finance 100% of the home's value and purchase with $0 down payment. And, the seller can credit up to 4% to cover all of your closing cost.
THE VA MORTGAGE IS EASIER TO QUALIFY FOR!
Because many Bimini Florida first-time home buyers typically don't have a lot of established credit, getting qualified for a conventional mortgage can be difficult. The credit and income standards are not as strict. But with a VA mortgage loans are much easier to qualify for making the process easier.
Because the VA mortgage is backed by the government, Bimini VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Bimini Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT BIMINI FLORIDA VA CITY
Bimini is home to several landmarks said to contain mystical properties of obscure origins. Much of the historical data about these places is speculative in nature, and experts in various fields have opined across the full spectrum of explanation. The most contentious of these sites is The Bimini Road.
Bimini has three islands, North Bimini, South Bimini, and East Bimini. The largest islands are North Bimini and South Bimini. The District of Bimini also includes Cay Sal Bank, more than 62 miles (100 km) further south, which is geographically not a part of the Bimini Islands but a separate unit. North Bimini is about seven miles (11 km) long and 700 feet (210 m) wide.
Its main settlement is Alice Town, a collection of shops, restaurants, and bars on a road known as "The King's Highway". The second major road is called Queens Highway and runs almost the length of the island parallel to Kings Highway.