Jupiter VA Loans

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A Jupiter Florida VA home mortgage loan is a home mortgage loan issued by private lenders that are backed by the VA department so that the process of applying for a mortgage can become simpler for vets. The funds are lent by the mortgage lender themselves but the guarantees from the VA help them in identifying reliable borrowers among the veterans.

Who is Qualified for a Jupiter Florida VA Loan?

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

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

Qualifying Requirements for Jupiter VA Mortgage Loan

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

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

The VA-guaranteed home loan in Jupiter is offered only when the house is for personal use of the borrower. However, the money can be used to purchase the property, develop it or to make improvements in it, as per the requirements of the borrower.

Requesting a COE for Jupiter VA Mortgage Loans

For the obtainment of a COE, in-service members of the armed forces need to have fulfilled specific time durations of service. On the other hand, the requirement criteria for the significant others of veterans to obtain a home mortgage loan is slightly different. It consists of:

• Spouses of deceased veterans 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 still alive but were disabled during service.

If you think you are eligible for a Jupiter Florida VA mortgage 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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