Delray Beach VA Loans


A Delray Beach FL VA loan is a mortgage loan provided by private lenders that are supported by the VA department so that the process of getting a home mortgage loan can become easier for veterans. The actual money is lent by the lenders themselves but the guarantees from the VA help them in finding reliable clients among the veterans.

Who is Eligible for a Delray Beach Florida VA Home Loan?

There are four types of people who can request Delray Beach VA mortgage loans. These are:

• Veterans who served with the U.S. armed forces.
• Military men which are currently active on duty.
• Reservists or members of the National Guard.
• Spouses of certain deceased veterans.

Qualifying Requirements for Delray Beach VA Mortgages

Not every 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 VA-guaranteed mortgage in Delray Beach is offered only when the home is for individual use of the client. However, the money can be used to purchase the home, develop it or to make changes to it, as per the requirements of the client.

Requesting a Certification of Eligibility for Delray Beach VA Home Loans

For the gathering of a Certificate of Eligibility, in-service members of the armed forces need to have fulfilled specific time amounts of service. On the other hand, the requirement criteria for the spouses of veterans to obtain a loan is somewhat different. It includes:

• Spouses of deceased veterans who have not remarried.
• Spouses of veterans who have gone MIA or are prisoners of war.
• Spouses who remarried after reaching the age of 57.
• Spouses of those veterans who are still alive but have been disabled during service.

If you think you might be eligible for a Delray Beach Florida VA mortgage 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