VA Loan Plantation Florida

VA Loan Plantation Florida

How Does A VA Home Loan Work in Plantation Florida?

CambridgeHomeLoan.com is #1 VA Loan lender in Plantation Florida. We have gained our reputation as the nations #1 VA Loan lender because we know how critical each day is in the competitive Plantation Florida real estate market. We are serving all of Apalchicola zip-codes including zip codes 33313,33317,33318,33322,33323,33324,33325,33329,33336,33337,33388 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 Plantation 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 Plantation 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 Plantation, 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 Plantation 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 Plantation Florida

Introduction to Plantation, Florida

The Florida city of Plantation is located in central Broward County. The city lies 8 miles west of Fort Lauderdale, and is also bordered by Lauderhill (to the northeast), Sunrise (to the northwest) and Davie (to the south). The city of Miami is located about 33 miles south of Plantation.

Until the 1940s, Broward County was still relatively uninhabited. In 1941, Frederick C. Peters, a potato farmer and cattle baron, bought 10,000 acres of cheap, undeveloped land at $25 an acre from a large tract which was previously owned by the Everglades Plantation Company (which explains the origin of the city’s name). By 1949, a community had formed with 40 homes in the area and in 1953 this community was formally incorporated as the city of Plantation. Ensuing decades saw periods of both steady and explosive growth to the city.

Attractions and Events in and Around Plantation

Plantation is host to several annual events and celebrations. Each December, the Historical Society creates a Winter Wonderland highlighting trees decorated in many designs reflecting a variety of cultures. Fall is the setting for Art in the Park, an outdoor juried Art Show offering food and drink, musical entertainment and activities for kids. The Halloween & Safety Festival, held in October, features a children’s carnival, haunted house, live music, raffles and door prizes.

The City of Plantation Historical Museum, which started as a small museum in a back room of City Hall, opened in 1985 and today houses permanent exhibits which include artifacts from the Seminole and Tequesta tribes and historically significant city memorabilia. Nearby attractions include Fort Lauderdale Beach, home of the International Swimming Hall of Fame, honoring achievements of outstanding swimmers and athletes in related water sports such as diving and water polo; the Big Cypress Seminole Reservation, home of the Ah-Tah-Thi-Ki Native American Museum, which chronicles the history and culture of the Seminole Tribe of Florida; the Graves Museum of Archaeology & Natural History (Dania Beach); Flamingo Gardens & Wray Botanical Collection (Davie); and the Seminole Okalee Indian Village & Museum (Fort Lauderdale).

Sports fans don’t need to travel far from Plantation for major league professional action. Fort Lauderdale, only minutes away, is the Spring Training home of Major League Baseball’s Baltimore Orioles. The nearby town of Sunrise is the location of the Florida Panthers of the NHL (National Hockey League), who play their games in the city’s BankAtlantic Center. About 30 minutes south of Plantation is the city of Miami, where the Miami Dolphins (National Football League), Florida Marlins (Major League Baseball) and Miami Heat (National Basketball Association) all reside.

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