Plant City VA Loans

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A Plant City FL VA mortgage is a loan offered by private lenders that are backed by the VA department so that the process of getting a home loan can become easier for vets. The money is then lent by the mortgage companies themselves but the guarantees from the VA help them in finding reliable clients among the veterans.

Who is Qualified for a Plant City Florida VA Home Mortgage?

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

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

Eligibility Requirements for Plant City VA Home Loans

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

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

The guarantee by the department of Veterans Affairs loan in Plant City Florida is granted only when the house is for personal use of the client. However, the funds can be used to buy the property, build it or to make improvements in it, as per the requirements of the client.

Requesting a COE for Plant City VA Home Loans

For the obtainment of a COE, service men and women of the armed forces and veterans need to have completed specific time durations of honorable service. On the other hand, the requirement criteria for the spouses of veterans to obtain a mortgage 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 prisoners of war.
• Spouses who remarried after reaching the age of 57.
• Spouses of those veterans which alive but have been disabled during service.

If you think you are eligible for a Plant City Florida VA home 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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