There's no better way for Deem City Florida military members and veterans to finance that Deem City 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 Deem City 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 DEEM CITY HOME WITH $0 DOWN
Now more than ever Deem City mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Deem City Florida first time home buyers. A VA mortgage loan is perfect for VA families and Deem City 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 Deem City 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, Deem City VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Deem City Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT DEEM CITY FLORIDA VA CITY
Deem City was the name of a gas station and convenience store that was located at the Palm Beach county line. In the 1970s, there was a sign in the area that said "Deem City, Population: 2". The "town" consisted of three buildings owned by Emilio Perez, owner of a Pahokee-based chain of service stations. On May 16th, 1990, a mysterious fire destroyed Perez's buildings, with that, Deem City all but disappeared, except for one individual who lived nearby in his little home.
Clifton Lirette still lived along the highway and operated his Super Hamburger stand, and later on, boiled peanuts, from his property. His business suffered during the widening of U.S. Highway 27 to four lanes, although Clifton remained resolute. "I ain't much to spit on, but I ain't leavin' here, neither. If you own land, I don't see why you can't live on it", Clifton said. He had lived here since the mid-1970s, and legally bought his parcel of land in 1988.
In August 1997, the county started to fine him $100 a day for minor violations; he had no running water or electricity, so he powered his home by gas-powered generator. Later, He County tried to oust him altogether; his fines by February 2006 amounted to over $380,000. The county later agreed to a much smaller settlement. He left at some point, Palm Beach County code enforcement director Terry Verner said. Stuart Slutsky, a Fort Lauderdale lawyer who'd represented Lirette on a pro bono-basis, said that he died on July 22nd, 2007.