One of the things I like most about living in the Lakeland area is the activity among our local veterans. My husband and I met in Germany during the time he was stationed there, and his status as a US Veteran is one that is near and dear to my heart.
One of the many benefits we’ve enjoyed as a result of his service to our nation was the Lakeland VA home loan we took out to purchase our current home here in town. Even during the highs and lows of the mortgage market over the past several years, I still feel that the deal we got as US Veteran home loan applicants ranks as one of the best out there.
Why Get a Lakeland VA Home Loan?
VA home loans are an excellent choice for any eligible veteran interested in buying Lakeland real estate, and surprisingly, only about 10 percent of US veterans take advantage of them.
In our present economic environment, where it’s becoming more and more difficult to get home financing, a Lakeland VA mortgage loan offers a good alternative. VA loans don’t require a down payment, which is rare among mortgages today. Even FHA home loans require borrowers to come up with 3.5 percent down. So, using the VA home loan option can really help veterans purchase a home large enough for their family – one that they might be unable to afford with a conventional mortgage.
Lakeland VA home loans do not carry any prepayment penalties – so you can pay the mortgage down as quickly as you like. They also have more relaxed requirements for qualification. If you’re a veteran who is interested in buying a home in the Lakeland area, then you should look into applying for this loan option.
Who Qualifies for a VA Mortgage?
If you’re active in the military, or are presently retired, you qualify! To get approved for a Lakeland VA home loan, simply contact a Florida VA mortgage provider. He or she will provide you with answers to any questions you have, and they’ll streamline your application process by handling all of the red tape for you. You know that stuff well, I’m sure, from your time in the military.
If the purchase of a piece of Lakeland real estate is in your future, consider a VA home loan as your funding option. Our country owes its veterans a great debt, and Lakeland VA mortgages represent one way you, as a US veteran, can be rewarded for your honorable service.