There's no better way for Perdido Key Florida military members and veterans to finance that Perdido Key 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 Perdido Key Florida VA mortgage.
FLORIDA VA MORTGAGE LENDERS – VA MORTGAGE ADVANTAGES INCLUDE:
- Minimum 550 Credit Score!
- 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 PERDIDO KEY HOME WITH $0 DOWN
Now more than ever Perdido Key mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Perdido Key Florida first time home buyers. A VA mortgage loan is perfect for VA families and Perdido Key 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 Perdido Key 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, Perdido Key VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Perdido Key Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
PERDIDO KEY FLORIDA VA APPROVED CONDOS
|Condo Name||ID||Record Type|
|PALACIO AT PERDIDO||000263||Condo|
ABOUT PERDIDO KEY FLORIDA VA CITY
From the beginning of the 17th century, Spanish and French explorers, imagining riches in the New World, began colonizing the northern coast of the Gulf of Mexico. A Spanish expedition from Vera Cruz, Mexico had settled on what became known as Santa Rosa Island on Panzacola Bay, named after the indigenous people, later known as the Pensacola Indians. Panzacola means "the village of hairy people." The French developed a settlement along the coast near Maubila (Mobile).
In 1693 noted cartographer and scientist Carlos de Sigüenza y Góngora was sent by the Spanish government to locate the entrance. Even after he located the mouth of the bay, he was unable to find a waterway deep enough to sail through. According to legend, Siquenza's ship had been blown off course as he was again searching for the pass into the deep inland waters. The ship was spotted by an Indian chief camped with his tribe at Bear Point.
As the chief was walking next to the water, he spotted Carlos de Sigüenza y Góngora attempting to reef his sails. He offered to guide Siquenza and his men to a connecting deep water channel from the Gulf of Mexico into the more tranquil bay. When the search party finally located the elusive bay, they called it Perdido, which in Spanish means "lost" or "hidden".