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
VA Loan Lantana Florida
VA Loan Lantana Florida
How Does A VA Home Loan Work in Lantana Florida?
CambridgeHomeLoan.com is #1 VA Loan lender in Lantana Florida. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Lantana Florida real estate market. We are serving all of Lantana zip-codes including zip codes 33462, 33464, 33465 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 Lantana Florida
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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 Lantana 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 Lantana, 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
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 Lantana VA Loan, we are offering the following loans as well:
About Lantana Florida
Introduction to Lantana, Florida
Lantana is a town in Palm Beach County, Florida, United States. It is 37 miles north from Fort Lauderdale. This town is part of the Miami metropolitan area. The population was 10,423 at the 2010 United States Census.
Lantana and Nearby Attractions
Lantana Municipal Beach (Beach)
John Prince Park (Large park with loads of amenities)
Lantana Nature Preserve (Lush retreat for hiking & birdwatching)
Lake Osborne (Tranquil waters for fishing & boating)
Lantana Bicentennial Park ()
Hypoluxo Scrub Natural Area (Natural area with paths & wildlife)
Why to Live in Lantana?
Lantana is a suburb of Fort Lauderdale with a population of 11,695. Lantana is in Palm Beach County. Living in Lantana offers residents an urban suburban mix feel and most residents own their homes. Many young professionals live in Lantana and residents tend to lean liberal.
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