Coconut Creek VA Loans

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A Coconut Creek Florida VA loan is a mortgage loan offered by private lenders that are backed by the VA department so that the process of applying for a home loan can become easier for veterans. The actual money is lent by the lenders themselves but the guarantees from the VA help them in identifying reliable clients among the veterans.

Who is Eligible for a Coconut Creek Florida VA Mortgage?

Coconut Creek
• Veterans who served with the U.S. military.
• Military men and woman who are currently on active duty.
• Reservists or members of the National Guard.
• Spouses of certain deceased veterans.

Qualifying Requirements for Coconut Creek VA Mortgages

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

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

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

Requesting a Certification of Eligibility for Coconut Creek VA Mortgage Loans

For the gathering of a Certificate of Eligibility, service men and women of the armed forces need to have fulfilled specific time amounts of honorable service. On the contrary, the requirement criteria for the spouses of veterans to get a loan is somewhat different. It includes:

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

If you think you are eligible for a Coconut Creek Florida VA home 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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