Wendy Morris Presents:
The Florida Dream
Wendy Morris Realty
Dr Phillips Luxury Real Estate
407 479-8583
Call Today!

Listing Search

VA Loan Financing 32819 | 32836 | Wendy Morris Realty

NEXT
PREV
  Follow me: Kevin Strawter on Facebook Kevin Strawter on LinkedIn
Tue, Jul 10, 2018 at 7:10AM

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!


Popular tags on this blog

#Bassfishing | #centralflorida | #chainoflakes | #conservationlots | #creditscore | #curbappeal | #customhome | #disney | #drphillips | #events | #floridarealtor | #gatedcommunity | #golfcourse | #golfcourselessons | #homebuying | #homeinspection | #lifestyleliving | #mortgagefreehome | #sellmyhome | #smarthome | #themeparks | #VALOAN | #VAREP | #veterans | buying a home |

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 12/3/20 11:46 PM)
Featured Listings
Orlando Real Estate
$439,000
4 BED
3 BATH
Spectacular quiet gated Golf Community of Orange Tree Country Club in the desirable Prime location of Dr. Phillips area,... Read More
Orlando Real Estate
$769,000
4 BED
4 BATH
Luxury single-family home with 3 car garage, 4 bedrooms and 4 bathrooms located at the community of Royal Legacy. A spa... Read More
Orlando Real Estate
$975,000
5 BED
4 BATH
The Lakeview, at 10950 Lemon Lake Boulevard in this gated community in the heart of Orlando, is designed to take advan... Read More
Orlando Real Estate
$1,000,000
5 BED
6 BATH
This STUNNING and "like new" estate home, which has only been lived in since early 2020, is the quintessential represe... Read More
Orlando Real Estate
$348,900
3 BED
2 BATH
Just a remarkable 1654 sq. ft. 3/2 pool home in popular Dr. Phillips community, and all top schools in Orange County. H... Read More
Orlando Real Estate
$230,000
3 BED
2 BATH
Beautiful end unit 3/2 bedroom condo with many great amenities to enjoy. Condo includes a screened patio, granite coun... Read More
Orlando Real Estate
$410,000
4 BED
2 BATH
Beautiful 4 bedroom, 2 bathroom, 2 car garage and pool home. Situated in a friendly community of MABEL BRIDGE offers g... Read More
Orlando Real Estate
$750,000
4 BED
4 BATH
Welcome to the best that Orlando has to offer! Located in the South Bay section of Arnold Palmer’s legendary Bay Hill Co... Read More
Orlando Real Estate
$136,000
2 BED
1.5 BATH
Location!! Location!! Location!! Ready To Move In, Townhouse Style Condo. 2 Bedrooms 1.5 Bathroom In The Heart Of Orla... Read More
Orlando Real Estate
$359,000
3 BED
2.5 BATH
One of Orlando''s favorite communities, Vizcaya is conveniently located in the heart of Dr. Phillips with highly rated ... Read More
Contact Kevin Strawter

407 479-8583

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
14832 Speer Lake Drive
Winter Garden, FL 34787

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2011 -2020 drphillips.info - all rights reserved. | Site Map | VA Loan Financing 32819 | 32836 | Wendy Morris Realty