The VA Loan is a home-mortgage option available to United States Veterans,

Service Members and not remarried spouses. VA Loans are issued by qualified

lenders and guaranteed by the U.S. Department of Veterans Affairs

U.S. Military Veterans and their families may qualify for a VA Home Loan guaranteed by the

United States Department of Veterans Affairs.

VA loans are another option for borrowers with little free cash but decent credit, provided they’ve

served in the military. You’ll need to obtain a Certificate of Eligibility through your lender or the

VA Loan Eligibility Center before you will be able to close your loan, however. Qualifying for a VA

loan is a lot different than any other loan on the market – the Department of Veterans Affairs

places no strict limits on the credit eligibility or debt to income ratios of the borrowers they

insure. Instead, most underwriting items are left to the discretion of the bank involved.

The Department of Veterans Affairs may not provide a lot of guidelines on who to loan VA funds

to, but they’re very strict on what fees can be paid by borrowers and how much they can pay for

things like closing costs. Items not reimbursed under “itemized fees and charges” on the HUD-1

form are limited to one percent of the loan amount in most cases, and those “itemized fees and

charges” are tightly regulated.

Even though VA loans are an excellent option for many veterans, there are a few drawbacks. If

you have plenty of cash and excellent credit, you may be able to find a better rate with a

conventional loan, plus you’ll avoid the VA funding fee. In addition, some sellers may be nervous

about accepting a real estate contract with VA financing attached, especially if they or their agent

believe your loan may take extra time to close.


Our New VA Loan as many advantages that make it one of the most appealing paths to home

ownership and this great benefit is reserved exclusively to those who bravely served our country

and select military spouses. When combined, the benefits of the VA mortgage allow service

members and Veterans to take advantage of substantial cost savings under qualification

requirements designed specifically for members of the military and their unique needs


100% Financing

Competitive interest rates

No MI (mortgage insurance)

Credit starting at 580 is OK

The Disabled pay no Prop Tax


Free Credit Consultation

Credit Re-scoring Services

We help you obtain a replacement DD214

Click Here to visit our dedicated VA Website to learn more about our VA loans and 580 Credit

Score options

VA Home Loan

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* Disclaimer: All Loan programs, rates and terms can change without notice and are subject to credit and underwriting approval. Loan charts highlight min/max constraints, assumptions & random scenarios only. We will always work hard to approve your loan but there are no guarantees of any kind expressed or implied that any loan we be approved. Licensed in Florida Only © 2007 - 20211st Florida Lending Corp. - All rights reserved I Privacy Policy I Terms of Use I
Carlos Matos I Florida Direct Lenders

Florida’s Top Rated DIRECT Lender I 48 Programs

1st Florida Lending


800-655-1345 I CALL us 407-300-2558


1st Florida Lending Corp., a registered Mortgage Lender Orlando servicing only the State of Florida, offering over 48 loans programs

including Conventional Loans, Non-Conforming Loans, FHA Loans, VA Loans, USDA Loan, Self-Employed Loans, Bank Statement

Loans, No-Doc Loans, Reverse Mortgage Loans, ITIN Loans, Rental Investment Loans, to name a few and specializing in Bank

Statement Loans or “stated loans” requiring no Tax Return verification and much more. * No broker or lender fees are for FHA,VA, USDA

and Conventional loan types Main Office: 2151 Consulate Dr. * Suite 8 * Orlando, FL., 32837 * Telephone (800) 655-1345 * (407)

300-2558 * Fax (877) 401-9955We are approved lenders for all Government Loans and registered with the Florida Office of Financial

Regulation - # MLD106When Banks Say No ! We Say YES ! ® is a registered trademark owned by 1st Florida Lending Corp.