VA Loan Pensacola Florida

VA Loan Pensacola Florida

How Does A VA Home Loan Work in Pensacola Florida?

CambridgeHomeLoan.com is #1 VA Loan lender in Pensacola Florida. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Pensacola Florida real estate market. We are serving all of Apalchicola zip-codes including zip codes 32501,32502,32503,32504,32505,32514,32520,32522,32523,32534,32591 and throughout Florida, Maryland and 47 other US states.

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.

VA Home Loan Pensacola 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 Pensacola 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 Pensacola, 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 Pensacola 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 Pensacola Florida

Introduction to Pensacola, Florida

The city of Pensacola, county seat of Escambia County, is located on the westernmost part of the Florida panhandle, about 10 miles from the Alabama border and 60 miles east of the city of Mobile. The city is a seaport on the Pensacola Bay, which outlets to the Gulf of Mexico. Major highways servicing the city include Interstates I-110 and I-10, U.S. Routes 90 and 98 and Florida State Highway 297. Incorporated in 1822, Pensacola shares the distinction (along with St. Augustine) of being Florida’s two oldest chartered cities.

Pensacola Attractions

Two nicknames are not enough for Pensacola, which also proclaims itself as home to the “World’s Whitest Beaches.” Fifty-two miles of Gulf waters and their associated pristine shores make it easy to see why. Swimming, fishing, snorkeling, parasailing and jet skiing await not only beach lovers but also those who take advantage of the various rivers, bayous and sounds the area has to offer. The city is also home to a multitude of historical and cultural sites. Historic Pensacola Village is a collection of over 20 historical buildings and museums in the Pensacola National Register Historic District. The Pensacola Historical Museum offers overviews of the nations whose flags flew over Pensacola and three changing exhibits a year, including a special seasonal exhibit during December and two exhibits showcasing various aspects of Pensacola’s diverse history. The world-class National Museum of Naval Aviation, one of the largest and most beautiful air and space museums in the world, houses over 140 beautifully restored aircraft representing Navy, Marine Corps and Coast Guard Aviation. The Museum also features memorabilia including personal mementos from historic battles, flight logs, vintage equipment and flight clothing.

Festivals and special events color the city year-round. The Fiesta of Five Flags, held in June, celebrates the city’s Spanish heritage. May’s Crawfish Creole Festival commemorates the area’s Cajun influence with a large crawfish boil in addition to other traditional Cajun and Creole fare. The Great Gulf Coast Arts Festival is a three-day juried art show which draws more than 200 of the nation’s best artists of all types. The Pensacola King Mackerel and Cobia Tournament, held in June, is one of the Gulf Coast’s largest fishing tournaments. Every September, the city hosts the Pensacola Seafood Festival, where delicious fruits of the sea and a variety of continuous local entertainment can be enjoyed over a three-day period.

Sports fans have a variety of choices in Pensacola. Racing excitement abounds at Pensacola Greyhound Track and racing of a different type takes place at Five Flags Speedway. Pensacola is also home to two minor league professional sports teams. The Pensacola Ice Pilots are a hockey team playing in the East Coast Hockey League (ECHL). The Pensacola Pelicans are an independent minor league baseball team which belongs to the American Association of Independent Professional Baseball (AA). Dedicated baseball fans can also take the one-hour drive to Mobile, Alabama, home of the Mobile BayBears, a Class Double-A minor league affiliate of the San Diego Padres.

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