VA Loan Lake Wales Florida

VA Loan Lake Wales Florida

How Does A VA Home Loan Work in Lake Wales Florida?

CambridgeHomeLoan.com is #1 VA Loan lender in Lake Wales Florida. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Lake Wales Florida real estate market. We are serving all of Lake Wales zip-codes including zip codes 33755337563375733758, 33759, 33760, 33761, 33762, 33763, 33764, 33765, 33766, 33767, 33768 and throughout Florida, Maryland and 47 other US states.

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 Lake Wales Florida

VA Home Loan

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What Is A VA Loan?

A VA loan 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 easy to qualify with no down payment required and low closing costs.

What are the VA Home Loan Requirements?

To get a VA loan in Lake Wales 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 Lake Wales, 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 a Lake Wales VA Loan, we are offering the following loans as well:

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.

About Lake Wales Florida

Introduction to Lake Wales, Florida

Lake Wales is a city in Polk County, Florida. The population was 14,225 at the 2010 census. As of 2019, the population estimated by the U.S. Census Bureau is 16,759. It is part of the Lakeland–Winter Haven Metropolitan Statistical Area.

Lake Wales and Nearby Attractions

  • Bok Tower Gardens (Tranquil gardens with a “singing” tower)

    Spook Hill (Gravity hill with an optical trick)

    Lake Wales History Museum (Museum)

    Allen David Broussard Catfish Creek Preserve State Park (State park with flatwoods & a lake)

    Peppa Pig Theme Park (Amusement park and park and garden)

    Pinewood Estate ()

Why to Live in Lake Wales?

Lake Wales is a great city with great people. Lake Wales has a great atmosphere and is very pretty. Lake Wales is a great city to live in. It is a cute little town with a historical district, but there isn’t much that goes on there.

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