There's no better way for Fort McCoy Florida military members and veterans to finance that Fort McCoy 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 Fort McCoy 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 FORT MCCOY HOME WITH $0 DOWN
Now more than ever Fort McCoy mortgage lenders are requiring large down payments, many loan programs require 10-20% down, putting home ownership out of reach for many Fort McCoy Florida first time home buyers. A VA mortgage loan is perfect for VA families and Fort McCoy 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 Fort McCoy 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, Fort McCoy VA mortgage lenders do not require PMI (private mortgage insurance) which is an added monthly expense. Interest rates for Fort McCoy Florida VA mortgages are typically lower than conventional loans. These two advantages could add up to big savings for veteran homebuyers.
ABOUT FORT MCCOY FLORIDA VA CITY
Fort McCoy was built during the Seminole Wars. It included brick structures, some evidence of which could still be seen in the 1940s. It may have also been a fort or way station on the King's Highway. It was also a station on the Ocala Northern Railroad and served as the location for a large sawmill built by E.P. Rentz of the Rentz Lumber Company circa 1910.
Fort Mackay was later renamed Fort McCoy, which is the small town of the same name today. MacKay and MacCoy were both settlers in the area that were killed by Indians during the war. The town of Fort McCoy is named after the settler Jeb MacCoy but spelled differently. When hostilities with native Americans worsened, Jeb MacCoy was killed by Indians while bringing his family into Fort Russell. Captain Mackay was head of the local militia, and was killed while surveying Itonia Scrub on March 20, 1839
The first school in Fort McCoy was supposedly a log cabin that was built near the fort; and it is thought to have been abandoned during the Second Seminole War. When the Union Church was built near the Fort McCoy Cemetery, it was used as the school, with church services on the weekends. Sometime between the 1890s and the first decade of the 1900s, a wooden building was built to serve as the school. In 1935, this building was destroyed in a fire.