There's no better way for Banana Florida military members and veterans to finance that Banana 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 Banana 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 BANANA HOME WITH $0 DOWN
Now more than ever Banana mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Banana Florida first time home buyers. A VA mortgage loan is perfect for VA families and Banana 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 Banana 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, Banana VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Banana Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT BANANA FLORIDA VA CITY
In 1855, Dr. George Washington Alexander McRae bought the grist mill. The grist mill site is located were the Old Orange Springs, Starke Highway crossed Etoniah Creek. Dr. McRae was the Postmaster at Banana, owned a mercantile store, plantation and was the area doctor. He was partial owner of the Etoniah Canal and Drainage Company.
Fremont and Zee Tolles donated the remains of the Banana, FL settlement along Etoniah Creek to the Historic Melrose Association. Plans are underway to establish access to the old mill and a picnic area.
Historically, the Banana River was a continuous waterway that completely separated Merritt Island from Cape Canaveral (which was considered part of the mainland until the construction of the Haulover Canal). In 1964, the Crawlerway was built at Kennedy Space Center, connecting Merritt Island to Cape Canaveral and dividing the Banana River into northern and southern lagoons.