LeHigh Acres VA Loans

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A LeHigh Acres Florida VA home mortgage is a loan offered by private lenders that are backed by the Department of Veteran Affairs (VA) so that the process of getting a mortgage loan can become easier for vets. The actual money is lent by the mortgage companies themselves but the guarantees from the VA help them in locating reliable clients among the veterans.

Who is Eligible for a LeHigh Acres Florida VA Home Loan?

There are four kinds of people who can request LeHigh Acres VA mortgages. These are:

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

Eligibility Requirements for LeHigh Acres VA Loans

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

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

The guarantee by the VA loan in LeHigh Acres is offered only when the house is for individual use of the client. However, the funds can be used to purchase the house, build it or to make improvements in it, as per the requirements of the client.

Requesting a Certification of Eligibility for LeHigh Acres VA Loans

For the obtainment of a COE, service men and women of the armed forces need to have fulfilled specific time durations of honorable service. On the contrary, the eligibility criteria for the spouses of vets to obtain a home mortgage 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 prisoners of war.
• 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 LeHigh Acres Florida 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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