Florida VA Home Loans: 100% Financing Options for Veterans and Active Duty
Welcome to 1st Florida Mortgage—Your Trusted VA Home Loan Experts! As an approved VA lender in Florida, we offer low rates, flexible credit options, and in-house underwriting. Dedicated to veterans and active-duty service members, we guide you every step of the way to secure affordable home financing. With personalized service and a commitment to excellence, we make homeownership accessible for those who have served.
VA Loan Benefits
- No Down Payment: Florida VA loans allow zero down payment and no PMI
- No Loan Limits with Full Entitlement: Veterans with full VA entitlement can borrow without loan limits
- Lower Interest Rates: VA loans provide lower rates compared to other loans
Veteran Loans, Done Right!
We specialize in VA home loans for for veterans and active duty military. We make getting a VA home loan in Florida easy and hassle-free.
1st Florida Mortgage - Your Trusted VA Lender
Headquartered in Tampa, FL, we are a local mortgage company specializing in VA home loans in Florida. By offering competitive rates and utilizing in-house underwriting, we ensure a seamless process that makes VA loans both accessible and affordable.
- Competitive Rates
- Direct Florida Lender
- Approved VA Lender
- Same Day Approvals
What is a VA Home Loan?
A Florida VA home loan, backed by the U.S. Department of Veterans Affairs, offers eligible veterans, active-duty service members, and their families in Florida flexible credit requirements and favorable terms, making homeownership more accessible. VA home loans are a valuable tool for those who have served or are currently serving in the military, helping them achieve homeownership with fewer financial hurdles.
Veteran Loan Overview
VA home loans in Florida are fully backed by the government, providing both reliability and numerous advantages for those looking to purchase a home or refinance their mortgage. Furthermore, these loans are designed to offer financial flexibility and ease for eligible borrowers. To help you better understand their benefits, here are the six most compelling reasons to choose a VA home mortgage in Florida:
No PMI
Conventional loans with less than 20% down require PMI but with a VA loan you do not have to pay mortgage insurance.
Easier to Qualify
Just like with the lower rates, VA loans are backed by the US government which means that lenders (banks) assume much less risk, which translates to less stringent qualification standards.
Fewer credit restrictions
Easier to qualify means fewer restrictions. With a Florida VA Loan, you’re allowed a higher debt-to-income ratio and lower credit scores are OK
Seller assistance
With VA loans the sellers can pay up to 4% of closing costs.
Easy refinance
VA streamline or cash-out financing is available for VA loans. Streamlined refinancing lowers the rate of an already existing loan which makes refinancing simple and painless.
VA Loan Qualifications
VA loans offer flexible credit requirements, which not only make homeownership more accessible but also provide an added layer of security for borrowers. In addition, these loans include protective measures against foreclosure, offering peace of mind throughout the homeownership journey. As a result, VA home loans stand out as an exceptional option for Florida veterans, combining accessibility, reliability, and financial protection.
To qualify for an VA mortgage , you’ll need to meet the following requirements:
- Military Service: Active duty service, or eligible National Guard or Reserve member
- Discharge Status: Must have received an honorable discharge
- Service Length: 90 days of wartime service or 181 days of peacetime service
- Spousal Eligibility: Surviving spouses of veterans who died in service or from a service-related disability may also qualify
Whether you’re purchasing a new home or refinancing, we are here to help you maximize your VA benefits.
More About VA Loans
VA Loan Advantages
Key advantages include zero down payment, competitive interest rates, no private mortgage insurance (PMI), and flexible credit requirements, making homeownership more affordable and accessible.
Highlights:
- Low Rates
- 100% Financing up to $766,550
- 2024 Loan Limits: $766,550
- Jumbo VA Loans Available Above $766,550
- TX VET Program Option
- Easier Qualifying & Alternate Credit Accepted
- 4% Seller Concessions
- No Prepayment Penalties
- Funding Fee Can Be Financed
- Manufactured Housing Eligible (with restrictions)
These features make Florida VA loans an outstanding choice for achieving homeownership with fewer financial hurdles.
VA Refinance
With a VA IRRRL refinance in Florida, you can lower your mortgage rate and lower your monthly payments. With a VA IRRRL Streamline you can refinance with less paperwork, easy credit qualification, and a faster closing process.
When to refinance?
- Lower Your Rate – Interest Rate Reduction Refinance Loan (IRRRL)
- Move from Variable to Fixed Rate – An IRRRL does not require an appraisal
- VA funding fee and closing costs required but you can roll them into your loan
Benefits of VA IRRRL Streamline Refinance:
- Less Paper Work
- Easier to Qualify
- Lower Credit Scores
- No Appraisal Needed
Your Florida VA Lenders
Close on Time
In-house underwriting, processing and closing for fast approval & on time fundings.
Low Rates
Approved VA Lender in Florida with Low Rates and in-house underwriting
Local Service
Your VA Home loan experts with local Florida customer service. Read our reviews!
Proud to Serve Our US Military
Experience the 1st Florida Mortgage difference with your trusted Florida VA loan experts. As a direct lender with in-house underwriting, we offer unmatched control and flexibility to ensure a seamless loan process and timely closings. Moreover, our Florida-based underwriters specialize in state-specific VA guidelines, providing the expertise and efficiency needed to make your home financing journey smooth and stress-free.
Shawn Dulac
Sr. Loan Officer
NMLS #1320463
James Hair
Sr. Loan Officer
NMLS #1680348
Roman Balley
Production Manager
NMLS #2267211
Ryan Collins
Branch Manager
Speak to a Florida VA Loan Expert
We specialize in VA mortgages in Florida for veterans and active duty military in Florida. We make getting a VA home loan in Florida easy and hassle-free.A couple of items that you will need to get started during your application:
- Veteran’s VA certificate of eligibility
- Past 2 years w2 statements
- one month of most recent pay stubs
- Last Two (2) months bank statements
- Copy of DD214
For VA home loan eligibility you will need satisfactory income and sufficient income and valid certificate of eligibility.
