Brooksville VA Loans

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A Brooksville Florida VA mortgage is a loan provided by private lenders that are supported by the VA department so that the process of applying for a home mortgage loan can become easier for veterans. The money is then lent by the mortgage companies themselves but the guarantees from the VA help them in identifying reliable clients among the veterans.

Who is Qualified for a Brooksville Florida VA Home Mortgage?

There are four types of people who can apply for Brooksville VA mortgages. These are:

• Veterans who served with the United States military.
• Military men which are on active duty.
• Member or reservists of the National Guard.
• Spouses of certain deceased veterans.

Eligibility Requirements for Brooksville VA Mortgages

Not all veteran is eligible for a VA home loan. In order qualify, veterans require:

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

The guarantee by the department of Veterans Affairs home loan in Brooksville is granted only when the home is for individual use of the client. However, the money can be used to buy the house, build it or to make improvements in it, as per the requirements of the client.

Gathering a COE for Brooksville VA Mortgage Loans

For the obtainment of a COE, in-service members of the armed forces need to have fulfilled specific time amounts of honorable service. On the other hand, the requirement criteria for the spouses of vets to obtain a mortgage is slightly different. It includes:

• 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 those veterans who are still alive but were disabled during service.

If you think you are eligible for a Brooksville Florida VA mortgage loancontact 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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