
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 Juno Beach Florida. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Juno Beach Florida real estate market. We are serving all of Juno Beach zip-codes including zip code 33408 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 Juno Beach 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 Juno Beach, 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 Juno Beach Florida
Juno Beach, Florida was originally established by a tourist and motel development group in the mid 1950s and has become to be one of the best locations in all of Florida. Before the modernization in the mid 1900s, the local area was a busy checkpoint for the railroad. The late 1900s brought much more attraction to the Juno Beach area. Not only were real estate developers moving quickly to get their hands on the land, but families saw an opportunity to settle down in paradise and tourists helped Juno Beach flourish.
Neighboring Jupiter Beach and West Palm Beach, Juno Beach is known for being the more laid-back town of the three. Being mostly residential, the area still contains much access to great dining and shops with unlimited opportunity for outdoor recreation and hundreds, if not thousands, of things to do. Being safe, quiet, and neighborly is the heart of this coastal Florida town. The high ranked local school system, breath taking views, and local amenities, make Juno Beach, Florida the perfect place to reside.
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