Are you a current or retired service member? Before you choose a mortgage lender, make sure you know how Nationwide Home Loans can provide you a unique mortgage package that will save you money and make your home ownership dreams a reality. For the service men and women of Fort Lauderdale VA loans can be the answer you seek.
Ready to talk to a mortgage lender that offers Fort Lauderdale VA loans? Get in touch with us at Nationwide Home Loans to learn more about VA loan packages and how they differ from conventional mortgages. At Nationwide, everything we do is focused on getting you into the home of your dreams.
As a full-service mortgage lender, we're able to offer more than just standard fixed-rate or adjustable-rate mortgages. We've scoured the mortgage marketplace to find every avenue that makes home ownership affordable for you. VA loans can be an important part of that package. Here's how they can help you.
What You Need to Know about VA Loans in Fort Lauderdale
The most common mortgage package for VA loans are purchase loans. These loans are provided by private lenders—Nationwide Home Loans among them—but enjoy the backing of the federal government. This backing protects lenders from typical mortgage risks. What does that mean for you?
It means that your VA loan may include the lowest interest rates on long-term, fixed-rate loans. It also means that you may be able to get access to credit not extended to you through more traditional avenues or large, corporate banks. Additional benefits include the potential for no down payment, no mortgage insurance requirement, and a limit to closing costs. If cash-on-hand has been a barrier to you before, VA loans can erase that obstacle.
Best VA loan rates in Fort Lauderdale, include other loan options as well. Refinance loans can allow you to borrow against the equity in your existing home. These loans, worth up to one-hundred-percent of your home's value, can be your answer to pay off other debts or fund your children's college education. Like purchase loans, refinance loans are offered through private lenders.
The VA loan program has other options supported by private lenders and directly available through the federal government. Interest rate reduction refinance loans can help you take advantage of favorable market conditions and lower the monthly payments on your home. Refinance loans also provide you with the opportunity to switch from an adjustable-rate to fixed-rate loan, which can provide the financial stability you may be looking for.
Native American Direct Loans and Disabled Veteran Housing Grants are available directly through the VA. The former offers financing to construct or renovate homes on Federal Trust Lands, while the latter provides cash to configure a new or existing home to meet the needs of a disabled veteran, even if the home is owned by a family member of the veteran.
Nationwide Home Loans Is Built to Serve You
At Nationwide Home Loans, we believe it's not only important to provide you with mortgage options, but that it's also critical to take the time to help you understand all of your possibilities. We have a dedicated staff of customer service representatives and mortgage professionals that are ready to answer all of your mortgage questions. Because we offer so many mortgage options, we can run the numbers and show you the best way to make home ownership work for your budget. It's what we love to do and why our customers thrive in the relationship with their lender.
Remember, choosing a mortgage lender is often a decision to begin a decades-long relationship. Make sure you pick one that's willing to talk with you on a personal level from the very start and that can offer you all the information and choice you need. It's what makes up the core of our business and sets us apart from the competition.