May 01 2008
Florida VA Jumbo mortgage home loans can’t be beat
Attention all Veterans seeking a new VA Jumbo sized home loan. VA allows loan amounts in Florida all the way up to $1,000,000, for qualified Veterans. Since VA guarantees 100% of the loan amounts up to $417,000; Veterans can “self-insure” the rest.
This is done by allowing qualified Veterans to put 25% of the difference between the purchase price and $417,000. The advantage for Florida Veterans is the dramatically lower VA 30 year fixed rate. Veterans can achieve what the rest can’t. They can purchase beautiful dream homes above the conventional loan limits and borrow Jumbo sixed mortgages at rates that are at least 2.50% lower than non-VA Jumbo fixed rate mortgages.
Veterans purchasing large homes in Florida should call our office at 888-399-0520 and receive their free VA Jumbo fixed rate Good Faith Estimate. We have been doing this for years and we appreciate your dedicated service to protect our family and our Country.
Leave a Reply
You must be logged in to post a comment.