VA Loan
Jacksonville

VA Loan Jacksonville Florida Program

  • No Money Down!
  • Lower Closing Costs
  • Great Interest Rates!
  • No PMI Insurance
  • Military benefits can be used multiple times

APPLY NOW!

How VA Loan Works in Jacksonville Florida?

VA loan is a home loan in Jacksonville that is provided by private mortgage lenders and secured by the U.S department of veterans’ affairs. It enables U.S veterans, the active-duty service members, national guard and widowed service members’ spouses in Jacksonville and around the country to buy a home with zero money down!

How Does A VA Home Loan Work in Jacksonville, Florida?

  • Fill out the application to the right
  • Send a copy of DD214 to info@cambridgehomeloan.com
  • Email 2 years of w2s, tax returns, pension or other income.
  • 2 months of bank statements. 

We will discuss your goals and the amount that you would like to qualify for.  Once we provide you va home loan pre-qualification letter you are ready to start shopping for the house of your dreams.

Benefits of VA Loan in Jacksonville

  • No Down Payment- This is far and away the VA loan program’s signature benefit. Qualified VA Loan borrowers can purchase up to a county’s conforming loan limit without a down payment. Those limits can change every year and are higher in more expensive areas.
  • No Private Mortgage Insurance- Borrowers with a service-connected disability are exempt from paying this fee, which helps keep the program going for future generations. 
  • Easier Credit Requirements- Credit score requirements have started to thaw, but that hasn’t made life significantly easier for many military buyers.
     
    VA Loan Jacksonville Florida – No Money Down. Apply Today!
VA Loan Tampa

PREQUALIFY FOR YOUR VA LOAN HERE
ENTER INFORMATION BELOW!

Benefits of a VA Loan in Jacksonville, FL

1. Zero Down Payment Home Loan

One of the most attractive features of a VA loan is the ability to purchase a home without making a down payment. Traditional mortgage loans often require a substantial down payment, which can be a barrier for many potential homebuyers. With a VA loan, eligible borrowers can finance the full purchase price of the home without the need for a down payment.

2. Lower Interest Rates Home Loan

VA loans typically offer lower interest rates compared to conventional loans. This can result in significant savings over the life of the loan. Lower interest rates mean lower monthly mortgage payments, allowing borrowers to allocate their funds towards other expenses or savings.

3. No Mortgage Insurance

Unlike conventional loans, VA loans do not require private mortgage insurance (PMI). PMI is typically required when borrowers make a down payment of less than 20% on a conventional loan. By eliminating the need for PMI, VA loans can provide additional savings for borrowers. 

4. Flexible Credit Requirements

VA loans have more lenient credit requirements compared to conventional loans. While a good credit score is still important, VA loans may be more forgiving when it comes to credit history. This makes it easier for borrowers with less-than-perfect credit to qualify for a VA loan and achieve their homeownership goals.

5. Streamlined Refinancing Options

In addition to home purchases, VA loans also offer streamlined refinancing options. This means that eligible borrowers can refinance their existing VA loan to take advantage of lower interest rates or other favorable terms. Streamlined refinancing can help homeowners save money on their monthly mortgage payments or access equity in their homes.

6. Support from the VA

When you choose a VA loan, you have the support of the Department of Veterans Affairs behind you. The VA provides resources and assistance to help borrowers navigate the loan process and ensure a smooth homebuying experience. Their expertise and commitment to serving veterans make the VA loan program a trusted and reliable option.

 

How to Qualify for a VA Loan in Jacksonville, FL

To qualify for a VA loan in Jacksonville, FL, you must meet certain eligibility requirements set by the VA. These requirements include:

  1. Service Eligibility: You must be an active service member, military veteran, or eligible surviving spouse to qualify for a VA loan.
  2. Certificate of Eligibility (COE): You need to obtain a COE from the VA to prove your eligibility for a VA loan. The COE verifies your military service and determines the loan amount you qualify for.
  3. Credit and Income Requirements: While VA loans have more flexible credit requirements, lenders will still review your credit history and income to assess your ability to repay the loan. A minimum credit score of 620 is generally recommended for VA loans.

It’s important to note that each lender may have additional requirements and guidelines when it comes to VA loans. Working with a reputable VA-approved lender in Jacksonville, FL will ensure that you receive the necessary guidance and support throughout the loan process.

Beaches. Parks. Museums. Sports. Shops. Food. Street Art. History. Jacksonville has it all, and now it’s your turn to experience this exciting Florida destination. 

Ranked as one of the nation’s most value-friendly travel destinations, Jacksonville is home to 22 miles of relaxing beaches, unforgettable eco-adventures, world-class public art, deep rooted history, exciting attractions and the best dining scene in the region.

Stretches of stunning beaches and waterways, the largest urban park system in the country, extraordinary cultural and historical spots, and experiences that engross the mind, body, and inner adventurer lure you to experience Jacksonville. 840 square miles of experiences. Relax on stretches of stunning beaches; paddle through our nature-filled waterways; hike, bike and explore our national, state and city parks; dine in our top-rated restaurants; and take the time to enjoy and unwind in a place that makes it all possible. 

  1. Cummer Museum of Art & Gardens
  2. The Catty Shack Ranch Wildlife Sanctuary
  3.  Kingsley Plantation
  4. Florida Theatre
  5. Amelia Island
  6.  Adventure Landing
  7.  Jacksonville Riverwalks

 

Visit our military Discount Center to enjoy discounts on products you use every day. 




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