Homestead VA Loans


A Homestead FL VA loan is a loan issued by private lenders that are backed by the VA department so that the process of applying for a home mortgage loan can become easier for veterans. The money is then lent by the mortgage companies themselves but the guarantees from the VA help them in identifying reliable clients among the veterans.

Who is Qualified for a Homestead Florida VA Mortgage Loan?

There are four kinds of people who can apply for Homestead VA home loans. These are:

• Veterans who served with the United States armed forces.
• Military men who are currently active on duty.
• Reservists or members of the National Guard.
• Spouses of certain veterans that are now deceased.

Eligibility Requirements for Homestead VA Mortgages

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

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

The VA-guaranteed home loan in Homestead is offered only when the house is for personal use of the client. However, the funds can be used to buy the property, build it or to make changes to it, as per the needs of the client.

Gathering a Certification of Eligibility for Homestead VA Mortgage Loans

For the gathering of a Certificate of Eligibility, service men and women of the armed forces and veterans need to have completed specific time amounts of service. On the other hand, the requirement criteria for the spouses of vets to get a 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 who are alive but have been disabled during service.

If you think you might be eligible for a Homestead Florida VA home mortgagecontact 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