Aventura VA Loans

apply-now-today

An Aventura VA mortgage is a home mortgage loan provided by private lenders that are supported by the Department of Veteran Affairs (VA) so that the process of obtaining a mortgage can become easier for veterans. The funds are lent by the mortgage lender themselves but the guarantees from the VA help them in identifying reliable clients among the veterans.

Who is Qualified for an Aventura Florida VA Home Mortgage?

There are four types of people who can request Aventura VA home mortgage loans. These are:

• Veterans who served with the United States military.
• Military soldiers which are currently on active duty.
• Reservists or members of the National Guard.
• Spouses of certain deceased veterans.

Eligibility Requirements for Aventura VA Home Loans

Not all veteran qualifies for a VA mortgage. In order to be eligible, veterans require:

• Sufficient and consistent credit history.
• A stable means of income.
• A valid Certificate of Eligibility (COE).

The guarantee by the VA loan in Aventura is granted only when the house is for individual use of the borrower. However, the funds can be used to purchase the home, develop it or to make improvements in it, as per the needs of the borrower.

Gathering a Certification of Eligibility for Aventura VA Mortgages

For the request of a COE, service men and women of the armed forces and veterans need to have completed specific time amounts of honorable service. On the contrary, the requirement criteria for the spouses of vets to get a mortgage is slightly different. It consists of:

• Spouses of deceased veterans who have not remarried.
• Spouses of veterans who have gone missing in action or are POWs.
• Spouses who have remarried after reaching the age of 57.
• Spouses of those veterans which still alive but were disabled during service.

If you think you might be eligible for an Aventura Florida VA home mortgagecontact First Nationwide Lending at (877) 442-4023 for more information today!

 

Contact Us

map

1990 Main Street, Suite 750
Sarasota, FL 34236
Phone: (941) 256-3729
Toll Free: (877) 442-4023

Latest News