LeHigh Acres VA Loans

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A LeHigh Acres FL VA home loan is a home loan provided by private lenders that are backed by the Department of Veteran Affairs (VA) so that the process of applying for a home loan can become easier for vets. The funds are lent by the lenders themselves but the guarantees from the VA help them in finding reliable clients among the veterans.

Who is Qualified for a LeHigh Acres Florida VA Loan?

There are four types of people who can apply for LeHigh Acres VA home loans. These are:

• Veterans who served with the U.S. armed forces.
• Military personnel which are currently on active duty.
• Member or reservists of the National Guard.
• Spouses of certain veterans that are now deceased.

Eligibility Requirements for LeHigh Acres VA Mortgage Loan

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

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

The VA-guaranteed mortgage loan in LeHigh Acres is offered only when the house is for individual use of the borrower. However, the money can be used to purchase the home, build it or to make changes to it, as per the needs of the borrower.

Requesting a Certification of Eligibility for LeHigh Acres VA Home Loans

For the gathering of a Certificate of Eligibility, in-service members of the armed forces need to have completed specific time amounts of honorable service. On the contrary, the requirement criteria for the spouses of vets to get a home loan is slightly different. It consists of:

• Spouses of veterans that are now deceased who have not remarried.
• Spouses of veterans who have gone MIA or are prisoners of war.
• Spouses who remarried after reaching the age of 57.
• Spouses of vets which alive but have been disabled during service.

If you think you might be eligible for a LeHigh Acres Florida VA loanscontact 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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