Jupiter VA Loans

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A Jupiter VA home mortgage is a home loan offered by private lenders that are supported 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 finding reliable borrowers among the veterans.

Who is Qualified for a Jupiter Florida VA Home Loan?

There are four types of people who can request Jupiter VA mortgages. These are:

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

Qualifying Requirements for Jupiter VA Loans

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

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

The guarantee by the department of Veterans Affairs home loan in Jupiter is offered only when the home is for individual use of the client. However, the funds can be used to purchase the property, develop it or to make changes to it, as per the needs of the client.

Obtaining a COE for Jupiter VA Mortgage Loans

For the request of a COE, in-service members of the armed forces need to have fulfilled specific time amounts of service. On the other hand, the eligibility criteria for the significant others of veterans to get a home mortgage is slightly different. It includes:

• Spouses of deceased veterans who have not remarried.
• Spouses of veterans who have gone MIA 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 are eligible for a Jupiter Florida VA loancontact 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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