Cutler Bay VA Loans


A Cutler Bay Florida VA mortgage loan is a home loan issued by private lenders that are backed by the Department of Veteran Affairs (VA) so that the process of obtaining a home loan can become simpler for veterans. The money is then lent by the mortgage companies themselves but the guarantees from the VA help them in finding reliable borrowers among the veterans.

Who is Eligible for a Cutler Bay Florida VA Home Mortgage?

There are four kinds of people who can request Cutler Bay VA home loans. These are:

• Veterans who have served with the U.S. military.
• Military soldiers who are currently active on duty.
• Reservists or members of the National Guard.
• Spouses of certain veterans that are now deceased.

Eligibility Requirements for Cutler Bay VA Loans

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

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

The guarantee by the VA mortgage loan in Cutler Bay is offered only when the house is for personal use of the borrower. However, the money can be used to buy the property, develop it or to make improvements in it, as per the requirements of the borrower.

Requesting a Certification of Eligibility for Cutler Bay VA Mortgages

For the request of a COE, service men and women of the armed forces and veterans need to have completed specific time durations of service. On the other hand, the requirement criteria for the spouses of veterans to obtain a mortgage loan is slightly different. It consists of:

• Spouses of veterans that are now deceased 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 vets which still alive but were disabled during service.

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


Contact Us


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

Latest News