There's no better way for Federal Point Florida military members and veterans to finance that Federal Point 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 Federal Point 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 FEDERAL POINT HOME WITH $0 DOWN
Now more than ever Federal Point mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Federal Point Florida first time home buyers. A VA mortgage loan is perfect for VA families and Federal Point 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 Federal Point 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, Federal Point VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Federal Point Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT FEDERAL POINT FLORIDA VA CITY
On one of those trips [He was staying at Orange Mills and going to Jacksonville for supplies.] a white flag was displayed on the bank of the river at Federal Point, then called Dupont's Landing, that contained just one house occupied by Mr. Cornelius Dupont and family. We answered the flag and were requested to bring from Jacksonville numerous articles of food, which we did, and thus began our negotiations for the purchase of their property.
During the war nearly all the residents near the banks of the St. Johns River left their homes and fled to the interior for safety, and it was our fortune to arrive in this part of the country before their return.
It was in the month of March, 1866, that we moved to Federal Point. As the question has been asked a great many times --- how the place came by its name, we will state that in searching the records we found that the U. S. Surveyors, who made the first survey of the state after it was acquired from Spain designated the place by that name on their field notes.