Fort Pierce VA Loans

apply-now-today

A Fort Pierce Florida VA loan is a home 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 simpler for vets. The actual money is lent by the lenders themselves but the guarantees from the VA help them in locating reliable clients among the veterans.

Who is Eligible for a Fort Pierce Florida VA Mortgage?

There are four types of people who can apply for Fort Pierce VA home mortgages. These are:

• Veterans who have served with the United States armed forces.
• Military personnel who} are {on active duty.
• Member or reservists of the National Guard.
• Spouses of certain veterans that are now deceased.

Eligibility Requirements for Fort Pierce VA Mortgages

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

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

The VA-guaranteed home loan in Fort Pierce is granted only when the house is for personal use of the borrower. However, the funds can be used to purchase the property, develop it or to make changes to it, as per the needs of the borrower.

Requesting a COE for Fort Pierce VA Mortgage Loans

For the gathering of a COE, service men and women of the armed forces and veterans need to have completed specific time amounts of honorable service. On the contrary, the requirement criteria for the spouses of vets to obtain a loan is slightly 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 remarried after reaching the age of 57.
• Spouses of vets which alive but were disabled during service.

If you think you are eligible for a Fort Pierce Florida VA loanscontact First Nationwide Lending at (877) 442-4023 for more information today!

 

Contact Us

map

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

Latest News