Fort Myers VA Loans

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A Fort Myers VA home loan is a mortgage offered by private lenders that are supported by the VA department so that the process of obtaining a home loan can become simpler for vets. The funds are 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 Fort Myers VA Loan?

There are four kinds of people who can apply for Fort Myers VA mortgages. These are:

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

Eligibility Requirements for Fort Myers VA Loans

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

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

The guarantee by the VA mortgage is offered only when the house is for individual use of the client. However, the funds can be used to buy the house, build it or to make changes to it, as per the requirements of the client.

Gathering a Certification of Eligibility for Fort Myers VA Home Loans

For the obtainment of a Certificate of Eligibility, in-service members of the armed forces and veterans need to have completed specific time amounts of honorable service. On the other hand, the requirement criteria for the significant others of veterans to get a home loan is somewhat different. It includes:

• 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 those veterans who are alive but have been disabled during service.

If you think you might be eligible for a Fort Myers 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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