There's no better way for Silver Palm Florida military members and veterans to finance that Silver Palm 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 Silver Palm 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 SILVER PALM HOME WITH $0 DOWN
Now more than ever Silver Palm mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Silver Palm Florida first time home buyers. A VA mortgage loan is perfect for VA families and Silver Palm 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 Silver Palm 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, Silver Palm VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Silver Palm Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT SILVER PALM FLORIDA VA CITY
It is located about 20 miles (32 km) southwest of Miami within the unincorporated community of Redland. Formerly a distinct community in the first half of the 20th Century, it has now been absorbed into other communities in the region. Homestead and Redland district, FL directory for 1927-1928 includes the Community of Silver Palm The community name survives in Silver Palm Drive and the Silver Palm Schoolhouse. Silver Palm is located at about 25°33'N 80°27'W (25.551,-80.441), with an elevation 10 feet (3.0 m).