Wendy Morris Presents:
The Florida Dream
Wendy Morris Realty
Dr Phillips Luxury Real Estate
407 575 5392
Call Today!

Listing Search

VA Loan Financing | 32819 | 32836 | Central Florida

NEXT
PREV
Sun, May 29, 2022 at 5:11PM

VA LOAN FINANCING

If you are a qualified veteran from any branch of connected service or active duty military personnel you are entitled a VA Loan. There are certain stipulations that apply to meet entitlements for a lender as per minimum length of service and Certification of Eligibility which is your DD214. This is the best loan on the market and speaking as a veteran I used this five times and they require little or no money down. This loan is only used for your primary residence. It get's better! There is no minimum credit score however a 620 is a plus so that you will not be penalized a much higher interest rate. Provided you have a disability connected with service you are exempted from taxes on your home depending on your percentage of disability. Another huge advantage is that you have no mortgage insurance which runs at least another 100.00 per month in addition to your monthly payment. However you are charged a one time VA Funding fee to borrow money for the first time the fee is 2.15 percent of loan amount and second time 3.3 percent of total loan amount. Again if you receive disability this fee can be reduced or waived. Many lenders can roll in your funding fee into the loan.  Also you have the option to use your IRA for your funding fee in "CONJUNCTION" with your closing and not be penalized if you are under age.  What you borrow will be counted as income and taxed.  Keep you receipt of withdrawal and settlement statement and turn into your accountant when you file your taxes. As it stands now for a foreclosure or bankruptcy you can use your VA Loan after two years or discharged. Some lenders will accept one year for unusual circumstances with proper documentation provided as they look for the big picture.  I have received my Military Housing Veteran Certification (MHVC) and a proud member of Veterans Association Real Estate Professional  (VAREP).  See link for interviews and testimonials attached.  https://www.facebook.com/kevinsellsfl/

BEST LOAN ON MORTGAGE MARKET

After serving or while still active duty, this is the best loan out there. If you are a veteran, it pays to take advantage of this loan. Little or no money down, and no mortgage insurance. Many veterans are not aware of their full benefits once it comes to using this loan. Debt to income ration is much higher than a FHA or Conventional loan.

VETERANS ASSISTANCE

Also if you or know any veteran behind or in a financial bind you can call (877) 827-3702 for help.

 


Bookmark & Share



User Comments


Be the first to comment on this post below!



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 11/26/22 11:10 AM) |
Featured Listings
Orlando Real Estate
$399,900
6 BED
4 BATH
BEAUTIFULLY REMODELED HOME is LOCATED IN TANGELO PARK, MINUTES FROM UNIVERSAL STUDIOS. This property features a NEW ROO... Read More
Orlando Real Estate
$749,900
5 BED
4 BATH
PRICE REDUCTION !!! Welcome to Royal Estates, a highly desirable community near Windermere, where you can see Disney W... Read More
Orlando Real Estate
$405,000
4 BED
1.5 BATH
***PRICE REDUCED***Back on the market due to buyer's financing. Highly coveted Doctor Phillips neighborhood. Move-in rea... Read More
Orlando Real Estate
$395,000
4 BED
3 BATH
Welcome to this beautiful 4 bedroom, 3 bathroom CORNER unit townhome in Orlando. Located right across the street from W... Read More
Orlando Real Estate
$157,500
1 BED
1 BATH
LOCATION LOCATION!!!!Great Investment or for personal use...Welcome to Windhover Condominiums located minutes from the e... Read More
Orlando Real Estate
$599,000
4 BED
3 BATH
WHIMSICAL OASIS WITH A FULL MOTHER IN LAW SUITE | Dr. Phillips | A beautiful 4/3 charming ranch style home sits on an ov... Read More
Orlando Real Estate
$715,000
3 BED
2.5 BATH
Welcome to this dreamy three bedroom, two and half bathroom, two car garage, saltwater pool home nestled in the gated... Read More
Orlando Real Estate
$421,773
3 BED
2 BATH
Here is an opportunity to own a spacious 3 bed, 2 bath Pool home in the popular Bay Lakes community. This spacious home... Read More
Orlando Real Estate
$1,270,000
4 BED
3.5 BATH
Enjoy the quiet and the beauty of your own private paradise! This home is situated on 2 acres with a private gated entry... Read More
Orlando Real Estate
$375,000
3 BED
2 BATH
AMAZING Property, Best location!!!! Read More
Contact Kevin Strawter

407 575 5392

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
16797 Broadwater Avenue
Winter Garden, Florida 34787

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2011 -2022 drphillips.info - all rights reserved. | Site Map | VA Loan Financing | 32819 | 32836 | Central Florida