VA Loan Milton Florida

What Is A VA Loan?

A VA loan is a home loan given by private 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 to buy a home. VA loan 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

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

VA home loans are non-conventional home loans. Since the VA loan are government-insured they do not have the conventional mortgage system that you get from banks and other lenders.

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 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. 

Looser 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.

Not just Milton VA Loan, we are 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

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    • 5yr, 7, 10 and 30 year terms

      • Up to 90% of cost

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    • $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

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    • $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.

Milton is a city in Santa Rosa County, Florida. It is the county seat of Santa Rosa County, and is located in the Pensacola–Ferry Pass–Brent Metropolitan Statistical Area, also known as the Pensacola Metropolitan Area. Milton is located in the geographic center of Santa Rosa County, it is bordered by Pace to the west, and Navarre to the South. As of April 1, 2020, the population of Milton was 10,197.

The town was incorporated in 1844 and is home to Naval Air Station Whiting Field. The population was 7,045 at the 2000 census. In 2004, the population recorded by the U.S. Census Bureau was 8,044. The population estimate for 2013 was 9,323.

Milton is part of the Pensacola–Ferry Pass–Brent Metropolitan Statistical Area.

Things to do in Milton

The city of Milton is located in the west Florida panhandle just to the northeast of Pensacola.

At the time of the last census, Milton was home to about 9,500 residents. Its proximity to the Gulf Coast, as well as a variety of historical and natural attractions, makes it the perfect place to hang your hat while visiting the area.

Fort Walton Beach, Destin, and Panama City are all beautiful coastal towns that are perfect day-trip options, and some of the state’s most magnificent beaches are less than an hour away by car.

The neighboring states of Alabama and Mississippi offer a variety of convenient urban and natural attractions as well, so staying busy shouldn’t be a problem.

  • Carpenter Park
  • McKinley’s Sandwich Shop
  • Blackwater Heritage State Trail
  • Coldwater Creek
  • The West Florida Railroad Museum
  • Gulf Islands National Seashore

We are serving all of Milton zip codes including 32570, 32572

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