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The VA offers several programs, in addition to the standard VA home loan program. If you have a home loan, you may be able to refinance with the VA for a better interest rate or to cash out the equity in your home. Native American and disabled veterans can receive additional benefits; state VA offices provide access to other benefits.
Florida VA Home Loan Limits. The veteran population of the state is roughly 1.5 million, ranking it with California and Texas as the states with the highest concentration of veterans. Bordered by the Gulf of Mexico and the Atlantic Ocean, Florida is the 4 th most populous state in the country.
The St. Petersburg Regional Loan Center (RLC) is one of eight VA regional loan centers (RLCs) administering VA’s Home Loan Guaranty program, which helps veterans obtain mortgage loans from private lenders by guaranteeing a portion of the loan against loss. In administering VA home loan guaranty benefits, the RLC is the direct contact for the lending, appraising, and building communities and for Veterans with questions or concerns about their home loan benefit.
VA Lending Limits for Florida Cities Although VA guaranteed loans do not have a maximum dollar amount, lenders who sell their VA loans in the secondary market must limit the size of those loans to the maximums prescribed by GNMA (Ginnie Mae) which are listed below. More info: VA Jumbo Loans | See also: VA Loan Lending Limits for Other States
Florida is a popular destination for Veterans – Use your VA Loan Benefits to get a no money down VA mortgage in Florida from the specialists at VAMortgageCenter. Call 1-800-405-6682 to get started! A VA Approved Lender.
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What is a VA Mortgage? A VA mortgage is a home loan made by an approved lender, but is guaranteed by the Department of Veterans Affairs. As an approved .