Plant City VA Loans

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A Plant City FL VA home loan is a mortgage loan offered by private lenders that are supported by the VA department so that the process of getting a mortgage can become easier for veterans. The funds are lent by the lenders themselves but the guarantees from the VA help them in identifying reliable borrowers 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 home mortgage loans. These are:

• Veterans who served with the U.S. armed forces.
• Military men who are currently on active duty.
• Reservists or members of the National Guard.
• Spouses of certain veterans that are now deceased.

Qualifying Requirements for Plant City VA Loans

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

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

The guarantee by the department of Veterans Affairs loan in Plant City Florida is offered only when the house is for personal use of the borrower. However, the funds can be used to purchase the property, develop it or to make changes to it, as per the needs of the borrower.

Obtaining a Certification of Eligibility for Plant City VA Mortgage Loans

For the obtainment of a Certificate of Eligibility, in-service members of the armed forces need to have fulfilled specific time amounts of honorable service. On the other hand, the requirement criteria for the spouses of vets to obtain 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 POWs.
• Spouses who have 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 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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