Bradenton VA Loans

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A Bradenton VA home loan is a loan provided by private lenders that are supported by the VA department so that the process of applying for a mortgage loan can become simpler for vets. The actual money is lent by the mortgage companies themselves but the guarantees from the VA help them in locating reliable clients among the veterans.

Who is Eligible for a Bradenton Florida VA Mortgage Loan?

There are four kinds of people who can apply for Bradenton VA home mortgage loans. These are:

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

Eligibility Requirements for Bradenton VA Mortgages

Not all veteran qualifies for a VA mortgage. In order qualify, veterans require:

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

The VA-guaranteed loan in Bradenton is granted only when the house is for personal use of the borrower. However, the money can be used to purchase the house, build it or to make changes to it, as per the needs of the borrower.

Requesting a Certification of Eligibility for Bradenton VA Home Loans

For the gathering of a COE, service men and women of the armed forces need to have fulfilled specific time amounts of honorable service. On the other hand, the requirement criteria for the significant others of veterans to obtain a home loan is somewhat different. It consists of:

• Spouses of deceased veterans who have not remarried.
• Spouses of veterans who have gone MIA or are POWs.
• Spouses who have remarried after reaching the age of 57.
• Spouses of vets who are still alive but were disabled during service.

If you think you are eligible for a Bradenton Florida VA mortgagecontact First Nationwide Lending at (877) 442-4023 for more information today!

 

Contact Us

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

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