Many Veterans can find great information online while utilizing their VA Entitlement and purchasing their new home.  Start by Googling terms like; Florida VA home loan, Florida VA mortgage, or Florida VA Jumbo loan.  But make sure you compare more than just the interest rate.

Always ask for an upfront Good Faith Estimate reflecting your VA home loan request.  This VA estimate should be very accurate and include all closing costs associated with your VA loan. 

One cost in particular, is the allowed VA origination fee.  This fee is usually illustrated as 1% of the loan amount and is used to cover lender related charges.  Since VA doesn’t allow any “junk” fees, lenders make up that difference by charging this origination fee.

Veterans must compare low fixed VA interest rates with and without this origination fee.  Florida VA mortgage estimates with an origination fee should have a reduced interest rate because the lender is earning more.  For immediate comparison of our current VA home loan fixed Florida mortgages please call one of our Florida Mortgage Professionals at 888.399.0520.

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