There's no better way for Newport, Wakulla County Florida military members and veterans to finance that Newport, Wakulla County 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 Newport, Wakulla County 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 NEWPORT, WAKULLA COUNTY HOME WITH $0 DOWN
Now more than ever Newport, Wakulla County mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Newport, Wakulla County Florida first time home buyers. A VA mortgage loan is perfect for VA families and Newport, Wakulla County 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 Newport, Wakulla County 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, Newport, Wakulla County VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Newport, Wakulla County Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT NEWPORT, WAKULLA COUNTY FLORIDA VA CITY
In 1841, the current Newport area and the community of Port Leon, just south, endured a severe yellow fever epidemic. In 1843 Port Leon, located on the St. Marks River, was devastated by a hurricane that produced a 10 foot storm surge. The area still struggles against the same recurring hurricane surges that move up the St. Marks River entrance.
After the hurricane of September 13, 1843, washed away all of the homes, buildings and railroad tracks in Port Leon promoters Nathaniel Hamlin, James Ormond, Peter H. Swain and several others met a week later and made plans to establish another town.
The promoters named this new town Newport and platted it with four streets running east and west. The streets were New, Washington, Market and Adams. Those that extended north and south bore the names Bay, Pine, Elm and West. These street names were remarkably similar to those in St. Joseph, Florida territorial Florida's largest town, about 80 miles to the west down the coast.