Weston VA Loans

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A Weston FL VA mortgage is a home loan offered by private lenders that are supported by the VA department so that the process of obtaining a mortgage 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 Weston Florida VA Home Mortgage?

There are four types of people who can request Weston VA home mortgages. These are:

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

Eligibility Requirements for Weston VA Mortgage Loans

Not every veteran qualifies for a VA home loan. In order qualify, veterans require:

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

The VA-guaranteed mortgage loan in Weston Florida is offered only when the home is for personal use of the borrower. However, the funds can be used to buy the house, build it or to make changes to it, as per the needs of the borrower.

Obtaining a COE for Weston VA Home Loans

For the gathering of a COE, service men and women of the armed forces and veterans need to have completed specific time durations of service. On the other hand, the eligibility criteria for the significant others of veterans to obtain a mortgage is slightly different. It consists of:

• Spouses of deceased veterans 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 were disabled during service.

If you think you might be eligible for a Weston Florida VA mortgage 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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