VA Loans

VA loans are designed to offer long-term financing to American veterans. Florida VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans.

Here’s how it works:

  • 100% financing without private mortgage insurance or 20% second mortgage.
  • A VA funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA.
  • When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less.
  • When refinancing a home, veterans may borrow up to 90% of reasonable value in order to refinance where state law allows.

Apply for a Florida VA Loan with Continental Mortgage. We offer the lowest mortgage rates available for veterans in Florida. Find out why more Florida veterans choose Continental for their mortgage needs.

Florida VA loan specialist. Continental Mortgage offers the lowest VA mortgage rates available. If you need a VA loan in Florida including Jacksonville, Miami, Tampa or Orlando, we can help.