There's no better way for Chatham Florida military members and veterans to finance that Chatham 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 Chatham 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 CHATHAM HOME WITH $0 DOWN
Now more than ever Chatham mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Chatham Florida first time home buyers. A VA mortgage loan is perfect for VA families and Chatham 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 Chatham 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, Chatham VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Chatham Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT CHATHAM FLORIDA VA CITY
Chatham Square was named for William Pitt, 1st Earl of Chatham and Prime Minister of Great Britain before theAmerican Revolution. Pitt Street in theLower East Side is also named for him, and Park Row was once Chatham Street
Up until about 1820, the square was used as a large open air market for goods and livestock, mainly horses. By the mid-19th century, it became a center for tattoo parlors, flophouses and saloons, as a seedy section of the old Five Points neighborhood. In the 20th century, after The Great Depression and Prohibition, the area was reformed.
Chatham Square was a major station on both the Second Avenue Elevated Line and the Third Avenue Elevated Line, until they closed in 1942 and 1955, respectively. As of 2007, a new Second Avenue Subway line to replace those elevated lines is under construction. The line's Phase 1 is being built from 63rd Street to 96th Street. A new station is proposed for Chatham Square as part of Phase 4.