A VA loan is a mortgage loan available through a program established by the U.S. Department of Veterans Affairs (VA) (previously the Veterans Administration). With VA loans, veterans, service members, and their surviving spouses can purchase Clearwater homes with little to no down payment and no private mortgage insurance and generally get a competitive interest rate.
This is the best program for those currently serving and those that have served in our military armed forces. For first time home buyers in Clearwater that have served a VA loan is the best choice. A Zero Down VA home loan can help in managing the finances while buying the home for you. You can send your DD214 or Certificate of Eligibility and fill out an application for your first time home buyer VA Loan. To look up VA loan limits in Clearwater – https://chl.floify.com/
Clearwater VA Loan Application Process:
Fill out this form to check your limit and eligibility – https://chl.floify.com/
Clearwater VA Loan Terms and benefits:
The terms of VA loans are quite generous compared to other mortgages and even to other federal loan programs. Among the benefits:
No down payment is mandated unless required by the lender, or if the residence’s purchase price is above the established property value. There is no private mortgage insurance requirement. Closing costs are limited and may be paid by the seller. There is no prepayment penalty if the borrower pays off the loan early. Assistance is available from the VA to help borrowers avoid default.
VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.
VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.
We are serving following Clearwater Zipcodes:
33755, 33756, 33759, 33761, 33763, 33764, 33765, 33767, 34695.