VA Loan Indialantic Florida

VA Loan Indialantic Florida

CambridgeHomeLoan.com is #1 VA Loan lender in Indialantic Florida. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Indialantic Florida real estate market. We are serving all of Indialantic zip-codes including zip code 32903 and throughout Florida, Maryland and 47 other US states.

What Is A VA Loan?

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.

How Does A VA Home Loan Work in Indialantic Florida?

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.

VA Home Loan

PREQUALIFY FOR YOUR VA LOAN HERE
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What are the VA Home Loan Requirements?

To get a VA loan in Indialantic 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:

  • You are an active-duty service member or an honorably discharged veteran who has 90 consecutive days of active service during wartime or 181 days of active service during peacetime.
  • You have served more than six years in the National Guard or the Selected Reserve.
  • You are the spouse of a service member who died in the line of duty.

When applying for a VA loan in Indialantic, 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. 

Key benefits of VA Home Loan that we provide

  • Eligible homebuyers are not required to have a down payment in most cases – typically cited as the greatest benefit of a VA Home Loan
  • No monthly mortgage insurance premiums or PMI to pay.
  • Lower average interest rates than other loan types.
  • No prepayment penalties.
  • Limitation on buyers’ closing costs.


Loans Custom Built for Real Estate Investors

Whether you buy and hold, fix and flip, or build to rent, cambridgehomeloan.com has the capital for your investment needs
The nations #1 Lender for Fix and Flip and Fix To Rent Investment Loans
Fix & Flip Loans 90% LTC and up to 100% of fix up costs.

Not just Indialantic Florida VA Loan, we are offering following loans in 47 states as well:

Fix To Rent Home Loans

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 5, 7, 10 and 30 year terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $70,000 – $100 million

Fix To Flip Home Loans

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 12 To 24 month terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $100,000 – $100 million

Multi Family /
Commercial Real Estate

      • 1-50+ properties

      • Multifamily, condos, student housing, 
      • mixed use w/ majority residential

      • 12, 24 mo., 5,10,30,40 year terms

      • Up to 100% of cost

    • $1M – $50M

      • Bridge, Construction, Permanent, Refi.

About Indialantic Florida

Indialantic, once part of Melbourne, Florida, become its own town when a Norwegian infrastructure mogul, Ernest Kouwen-Hoven, bought the ocean-front land with the vision of developing it to be the world’s premiere, exclusive, beachside resort. Being officially bought in 1915, and having its first official appearance on a map in 1916, Indialantic-by-the-Sea was quickly being built up. The Indialantic Casino was then built in 1923 and became the local center for all the luxurious events. During World War II, the casino’s large pool was contracted out to the United States military to train personnel from the local Naval Station. However, following the second world war, the casino was bought out and renamed the Bahama Beach Club. The Bahama Beach Club would become battered and damaged by storms, ultimately leading to its complete destruction in 1970. 

Today, Indialantic is continuously in the conversation as one of the best places to live in the state of Florida. The beautiful beach town holds many delicious restaurants, cafes, cute shops, and a lively night-life scene. The local school system is very highly rated, being competitive with the top ranked public schools, both at the state and national level. There is always something to do in the town of Indialantic, the beach access and abundance of parks strongly encourages outdoor recreation. Indialantic continues to be one of the best places to reside in Florida, if not in the entire world. 

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