
You Can Buy a Home in 2020 with These Low Income Mortgage Programs
Low Income Home Loan Options Give You Hope Thanks to the many low income home loans available in the market today, you can be a
CambridgeHomeLoan.com is #1 VA Loan lender in Clewiston Florida. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Clewiston Florida real estate market. We are serving all of Clewiston zip-codes including zip code 33440 and throughout Florida, Maryland and 47 other US states
A VA loan (Veterans Administration) is a home loan offered by private lenders and guaranteed by the U.S department of veterans’ affairs. It enables U.S veterans, the active-duty service members, widowed service members’ spouses Veterans and national guard to buy a home. VA loans were introduced as part of the GI Bill in 1944 to help the veterans, and they have become popular over time. In early 2019, 8% of homes were acquired using a VA loan. This loan type has become increasingly popular because it is much easier to qualify, no down payment required and low closing costs.
VA home loans are non-conventional home loans. Since the VA loans are government-insured they do not have the conventional mortgage underwriting guidelines that you get from conventional banks.
The VA Loan are easy to get since the banks assume less risk than conventional loans. This means that the U.S department of veterans affairs undertakes to repay a part of the loan to the lender if you are unable to make payments or if you face foreclosure.
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To get a VA loan in Clewiston Florida, you must be military personnel and meet the VA’s specific service needs. For you to be eligible, you must fall in any of the following three categories:
When applying for a VA loan in Clewiston, you need to get a Certificate of Eligibility “COE” or you can provide us with your DD-214 and we will order your COE for you. The COE lets us, the lender, know what you qualify for.
About Clewiston Florida
“America’s Sweetest Town”, otherwise known as Clewiston, Florida has been rated one of the best places to raise a family in the state of Florida. The area is known for above-average public schools and very exceptional private schools. In addition, the town within Clewiston holds many restaurants, bars, and cafes that any foodie will love.
Clewiston was originally a fishing camp before being settled and incorporated in 1925. The railroad quickly allowed commerce to come in and out of Clewiston. With its vast land with very rich soil, Clewiston would then receive its nickname from the hundreds of acres of sugar cane fields that sit beside the fields of winter vegetation. Today, Clewiston continuously is being named the sugarcane and winter vegetation capital of the nation.
Neighboring the bass fishing capital in the world, as well as the largest fresh water lake in the state of Florida (8th largest in the nation), Lake Okeechobee, Clewiston is renowned for the availability of outdoor recreation. Hiking, camping, birdwatching, boating, and much more is all accessible right in Clewiston, Florida. Those living or visiting Clewiston could not miss the abundance of beautiful parks and natural preservations.
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