There's no better way for Alamana Florida military members and veterans to finance that Alamana Florida home than with a VA mortgage. With Florida-Mortgage-Lenders.com, you're sure to get the best VA mortgage deal to finance 100 percent of your home. You may qualify for a loan worth more than $417,000. To find out, complete our simple form as the first step in obtaining a Alamana Florida VA mortgage.
FLORIDA VA MORTGAGE LENDERS – VA MORTGAGE ADVANTAGES INCLUDE:
- Minimum 550 Credit Score!
- Seller Paid Cloing Cost up to 4%
- Insured by the Veterans Administration
- Seller paid closing cost up to 4% of the sale price
- 100% Financing - No Monthly mortgage insurance.
- VA mortgage Amounts to $417,000
- Jumbo VA loans to $700,000
- VA Streamlined Refinance Available
- Funding Fee can be Financed
- Competitive Rates
- Easier Qualifying No Credit Score VA Mortgages OK
USE THE VA MORTGAGE TO PURCHASE A ALAMANA HOME WITH $0 DOWN
Now more than ever Alamana mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Alamana Florida first time home buyers. A VA mortgage loan is perfect for VA families and Alamana Florida first time home buyers because the borrower can finance 100% of the home's value and purchase with $0 down payment. And, the seller can credit up to 4% to cover all of your closing cost.
THE VA MORTGAGE IS EASIER TO QUALIFY FOR!
Because many Alamana Florida first-time home buyers typically don't have a lot of established credit, getting qualified for a conventional mortgage can be difficult. The credit and income standards are not as strict. But with a VA mortgage loans are much easier to qualify for making the process easier.
Because the VA mortgage is backed by the government, Alamana VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Alamana Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT ALAMANA FLORIDA VA CITY
According to the U.S. Census Bureau, the city has a total area of 15.9 square miles (41.3 km2), of which 14.7 square miles (38.1 km2) is land and 1.2 square miles (3.2 km2), or 7.83%, is water
There were 1,779 households out of which 20.6% had children under the age of 18 living with them, 50.0% were married couples living together, 7.8% had a female householder with no husband present, and 38.7% were non-families. 30.4% of all households were made up of individuals and 11.2% had someone living alone who was 65 years of age or older. The average household size was 2.13 and the average family size was 2.61.
Orange Beach offers a wide selection of family beach vacation opportunities, from condos directly on the beach to just across the street, dolphin cruises, recreational centers with tennis and basketball courts, golf course condo communities, beach houses and everything in between.