Thomas Martin – Mortgage Loan Originator – Phone: 954-667-9110 – Rev. 3-10-2025 – Subject to change without notice.
VA 100% Mortgage For Qualified Veterans!
Welcome to Florida-Mortgage-Lenders.com. We are a leading source for VA Mortgage information. Please find within all the information you need to purchase or refinance a home using the VA mortgage. VA is short for Veterans Affairs, this is a federal agency that provides health care, benefits, and cemetery services to veterans. Va Loans are NOT to be used for second homes or investment properties.
Reasons VA Mortgages Loans Are Easier:
- VA minimum 500+ Credit score for 100% financing with acceptable payment history.
- VA purchase 24 months after a discharge of a Chapter 13 Bankruptcy
- VA purchases 24 months after discharge of a Chapter 7 Bankruptcy.
- VA purchase 2 years after title transfer of a Foreclosure.
- No Credit Score VA mortgage Approvals using alternate proof of payment history.
VA Mortgages Are More Affordable:
- 100% Financing options available.
- VA allows the seller to pay 4% towards buyer closing cost + prepaid.
- VA Allows rate buy-downs!
- No reserves are required.
- VA Regulated closing costs.
VA Allows Higher Debt And Is More Flexible:
- Higher debt ratios up to +60%
- Less than two years on the same job is OK!
- Self-employed OK!
What are the steps For getting a VA mortgage?
- Apply for a VA mortgage to make sure we can get you the home that meets your specifications.
- You can request a COE from the VA if you don’t already have one. This certificate is the document that verifies your eligibility status for a VA mortgage.
- Once you are pre-approved you can contact a Florida realtor to help you locate all the homes that meet your specifications.
- Your realtors write up the purchase contract and then your loan is submitted to underwriting for approval.
- Once you are approved we will coordinate the VA appraisal, order title, and insurance, and clear all conditions.
- A termite inspection for NPMA-33 form is generally required in Florida for VA loans to ensure the property is free of infestation and structural damage, as Florida is a state where termites are a significant concern.
- Once all your conditions are cleared your loan is ready for closing.
- Your title company that title is transferred your your a homeowner.
- Congratulations, you are now a Florida state homeowner
