There's no better way for Silver Springs Florida military members and veterans to finance that Silver Springs 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 Springs 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 SPRINGS HOME WITH $0 DOWN
Now more than ever Silver Springs mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Silver Springs Florida first time home buyers. A VA mortgage loan is perfect for VA families and Silver Springs 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 Springs 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 Springs VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Silver Springs Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT SILVER SPRINGS FLORIDA VA CITY
Since at least the mid-19th century, the natural beauty of Silver Springs has attracted visitors from around the country. Glass bottom boat tours of the springs began in the late 1870s. In the 1920s, W. Carl Ray and W.M. "Shorty" Davidson (Ray and Davidson leased the land from Mr. Ed Carmichael. Upon whose death the Springs were left to the University of Florida) made the land around the headwaters of the Spring into something resembling the attraction that is there today, now known as the Silver Springs Nature Theme Park.
Also located in Silver Springs is a water park, Wild Waters (opened in 1978). The T. W. Randall House, on the National Register of Historic Places, is located to the northeast. Several defunct tourist attractions were once located in Silver Springs, including the Western-themed Six Gun Territory with its own 3 ft (914 mm) narrow gauge railroad named "Southern Railway & Six Gun" (closed 1984), Carriage Cavalcade, Early American Museum, Paradise Park, and the Prince of Peace Memorial (closed in the mid-1970s). Fishing is not allowed on the Silver River
Canadian billionaire Frank Stronach has been building the Adena Springs Ranch for cattle, an abattoir, residential property development, and a throroughbred horse farm in the area, stirring concern over plans for water use and how groundwater draw will affect the springs