Merritt Island VA Loans


A Merritt Island FL VA loan is a home mortgage loan provided by private lenders that are backed by the VA department so that the process of getting a home mortgage loan can become easier for vets. The actual money is lent by the lenders themselves but the guarantees from the VA help them in identifying reliable borrowers among the veterans.

Who is Eligible for a Merritt Island Florida VA Home Mortgage?

There are four types of people who can request Merritt Island VA mortgage loans. These are:

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

Qualifying Requirements for Merritt Island VA Mortgages

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

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

The guarantee by the VA mortgage in Merritt Island is offered only when the house is for personal use of the borrower. However, the money can be used to buy the home, develop it or to make changes to it, as per the requirements of the borrower.

Requesting a COE for Merritt Island VA Home Loans

For the request of a COE, service men and women of the armed forces and veterans need to have completed specific time amounts of honorable service. On the other hand, the eligibility criteria for the spouses of veterans to obtain 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 which still alive but have been disabled during service.

If you think you might be eligible for a Merritt Island Florida VA 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

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