VA Loan LaBelle Florida

What Is A VA Loan?

A VA loan is a home loan in LaBelle 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, and widowed service members’ spouses in LaBelle and around the country to buy a home with fantastic benefits. 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 easy to qualify and does not need a down payment.

VA Home Loan

PREQUALIFY FOR YOUR VA LOAN HERE
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How Does A VA Home Loan Work in LaBelle, Florida?

VA home loans are non-conventional home loans. Since the VA loans are government-insured they do not have the conventional mortgage requirements that a conventional or FHA home would have.

The non-conventional home loans 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.

Benefits of VA Loan

  • 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- VA loan do come with a mandatory funding fee that goes directly to the Department of Veterans Affairs. 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. The credit benchmarks set by both conventional and FHA lenders can still be tough to hit. That’s another reason why mortgage banks are the best place to get your VA Home Loan.

Not just LaBelle VA Loans, CambridgeHomeLoan.com is offering following loans as well:

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.

Fix To Rent Home Loans

    • 1-500+ properties

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

    • 5yr, 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.

CambridgeHomeLoan.com takes an active part in helping our customers achieve their long term goals. Fast closings and refinancing into better rates when it matters. Feel free to contact us with your loan scenario at 800-826-5077.
Fix and Flip or Fix To Rent Loans can be closed in just 5-7 days. If you would like to prepare for your first deal contact us for a soft quote and our due diligence check list.

From your first investment real estate loan to putting together a portfolio loan for all of your investment properties, CambridgeHomeLoan.com is the resource that can help you from the very beginning of your investment career.

CambridgeHomeLoan.com can manage all of your real estate loans from ground up construction, spec houses to fix and flip and fix to rent home loans. When you want to get your price and close in just a few days to easy rehab draws that can help you get your project done on time and in budget. Give us a call today with your project outline and we can give you the possibilities.

LaBelle began to be used as names for the tiny new settlement populated by cattle drovers and trappers straddling the banks of the Caloosahatchee River as early as 1889. By 1891 LaBelle had its first school. Francis A. Hendry, the “Father of Labelle”, subdivided and recorded a Plat of LaBelle, Florida in 1909. E. E. Goodno eventually owned the majority of the Hendry’s holdings and increased LaBelle’s size close to twenty times the original subdivision. The 1910 U S Census shows 42 households and some 174 residents LaBelle south of the Caloosahatchee River. In 1911, the Florida Legislature chartered the Town of LaBelle.

In May of 1923, the Florida Legislature created Hendry County named for early resident and”Cattle King of South Florida” Captain Francis A. Hendry with LaBelle as its county seat. In 1925, the Florida Legislature chartered the City of LaBelle, which replaced the Town of LaBelle and D. A. Mitchell was named the first Mayor of LaBelle.

Things to do in LaBelle

Along the scenic Caloosahatchee River and not far from Lake Okeechobee is the friendly, historic town of LaBelle, known for its Curtis Honey House, country architecture, citrus farms and Swamp Cabbage Festival. Once a center of cattle raising and still popular with Florida cowboys, LaBelle offers visitors a glance at the state’s rich heritage. LaBelle is also just a short, scenic drive from the more modern wonders and enticements of Fort Myers, along the Gulf Coast.

We are serving all of LaBelle zip codes including 33935, 33975                                   

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