Your #1 VA Loan Provider in Florida

NSH Mortgage is the leading VA Loan specialist in Florida! Steve Hays and the team at NSH Mortgage has over 25 years of experience, and has obtained VA Loan and approvals for thousands of clients. NSH Mortgage focuses on each individual client, to make sure that they get approved fast, with the lowest mortgage rate, and for the best home loan that fits their needs in the state of Florida!

Review These 10 Biggest Advantages Of A VA Home Loan! 

1. No Down Payment

Unlike almost all the conventional home loans out there, a VA mortgage requires no down payment. Instead of laying out up to twenty percent (or more) of your home’s cost up front, a loan from the VA lets you finance 100 percent of your home’s price.

2. No Mortgage Insurance

Most lenders require a buyer to pay for mortgage insurance to guarantee they receive their money even if the borrower defaults. The VA, however, does not require you to buy mortgage insurance, saving considerable money both at closing and over time.

3. Government Backing

VA loans can waive mortgage insurance and down payments because the U.S. Government guarantees the loan, protecting the lender. In fact, with this solid backing lenders are willing to make these highly attractive loans available to homeowners.

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VA Loan In Florida | Veterans Mortgage | NSH Mortgage Lender

Fast Approvals

VA Loan In Florida | Veterans Mortgage | NSH Mortgage Lender

Low Mortgage Rates

VA Loan In Florida | Veterans Mortgage | NSH Mortgage Lender

Expert Advice

VA Loans in Florida can seem confusing at times, and with rates fluctuating by the minute, the best thing to do is speak to a mortgage professional today! NSH Mortgage will guide you through the process, and answer all of your VA Loan related questions, and assure you of a 5-star customer experience!

You can see what some of our clients have said about NSH Mortgage VA Loans in Florida!

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VA Loan In Florida | Veterans Mortgage | NSH Mortgage Lender

What is a VA Loan?

Veterans Affairs loans are backed by the U.S. Department of Veterans Affairs, and are designed to support military personnel, veterans and other specific groups become homeowners at a reasonable cost. VA loans have many advantages over conventional or FHA loans, including requiring no down payment, no mortgage insurance, and flexibility.

Are you a veteran, member of the military, or a surviving spouse of a veteran?
Do you want fast approval?
 Do you have an interest in refinancing up to 100% of your home, or buying a home with no down payment?

If you have less than perfect credit, your options for a home loan in Florida may be limited. But if you can answer yes to the questions above, you may qualify for quick approval and a low down payment with a Veterans Administration Loan.

Some Benefits of the VA Streamline Refinance Program:

If you already have a VA Loan and are looking to refinance. Right now is the best time to do so.

There is absolutely no closing costs.
No full credit report review. The only qualification is a timely mortgage history.
No appraisal. It is OK even if property values have gone down.
No income verification. Little increase in your loan balance. Preserve your equity.
Skip a mortgage payment.

Learn more on how you can refinance your Florida home with VA Streamline here.

A VA loan may be exactly what you need to finally shop for your dream home with confidence. Call NSH Mortgage today for more information or to schedule an appointment with our knowledgeable staff of Florida mortgage professionals.


VA Loans Cheaper Than FHA, Conventional

For the past and present members of the U.S. military, veterans, and their spouses, the Department of Veterans Affairs makes available a special mortgage program called the VA Loan Guaranty Program. Available to you as part of your VA benefits, the VA loan program is a no-down payment, 100% mortgage with loose eligibility standards meant to help plenty military borrowers qualify as possible. VA mortgage rates are usually extremely low, too. As compared to conventional mortgage rates, VA rates can be as much as 50 basis points (0.50%) lower. And, for purchasers putting down less than 20%, the VA never charges mortgage insurance. You can save a lot of money when you use a VA mortgage. If you think you may be eligible, analyze and compare VA pricing to the cost of a conventional and FHA loan when you shop for your next home loan.


VA Benefits: About the VA Loan Guaranty Program

72 years ago, Congress developed the VA Home Loan Guarantee program. Created as part of the Servicemen's Readjustment Act of 1944, the program was meant to decrease "to the greatest extent possible" the sociological and the economic problems of millions of post-war men and women who had fought in the United States Armed Forces. The VA loan program was to be an alternative to a cash gratuity; one which would not only be less expensive to the U.S. government, but one which would also better have served the needs of U.S. veterans who did not have a chance to establish a credit rating as their non-veteran counterparts has been able to do. The VA mortgage program continues today and is wildly popular. By offering zero-down payment mortgages with no mortgage insurance needed, and by providing flexible mortgage underwriting guidelines, VA home loans have helped military borrowers from San Diego, California through Fort Dix, New Jersey get authorization to government-subsidized mortgage rates with common-sense underwriting standards. The VA loan is among the popular VA benefits available to today's armed services veterans and active personnel.


More Than 21 Million VA Home Loans Are Closing

Since 1944, the VA home loan guaranty has been popular between veterans, service members and their families. Per the Department of Veterans Affairs, more than 21 million VA loans have been endorsed since the program's inception, nearly 300,000 per year. In recent years, though, low VA mortgage rates have given a rise to the VA home loans closed annually. Purchase loans have been in large demand, and the VA's unique refinance loan, the Interest Rate Reduction Refinance Loan (IRRRL), has remained popular, too. Pronounced "Earl," the Interest Rate Reduction Refinance Loan is one of the quickest refinance programs available to homeowners anywhere.


VA Loan Eligibility

VA home loan benefits are available to tons of veterans of the U.S. military service, active personnel, and surviving spouses, among others. There is a minimum eligible qualification that is required to meet, which include verification of income and assets, and minimum service times. Minimum service times vary depending on whether you served during peacetime or wartime. For instance, for individuals who served the U.S. military during World War II, the Korean War, and/or the Vietnam War, VA loan benefits are available after 90 days on active duty, or with a discharge under any situation other than dishonorable. By contrast, individuals who served during peacetime between 1947-1981 are required to show at least 181 days of continuous duty, and discharge under any circumstance other than dishonorable. For individuals with service-connected disabilities, minimum 90- and 181-day standards are waived in full. VA loans aren't just limited to armed services veterans, either. VA benefits reach out to certain members of the National Guard and Reserves, the National Oceanic & Atmospheric Administration (NOAA) officers, the public health service officers, the Air Force, the Coast Guard, and the military cadets. Surviving spouses who remarry after age 57 may be eligible for VA benefits, too.


Benefits of The VA Home Loans

Apart from its popular zero-down mortgage option, the VA loan program brings extra mortgage benefits to each mortgage closed. As one example, the Department of Veterans Affairs waives mortgage insurance requirements on all the VA loans. No matter how much you brought towards closing -- even if you bring 0% -- you will never be asked to pay mortgage insurance. VA loans do require an upfront funding fee even though, some veterans can be waived in full. Another major benefit of the VA mortgage is that all VA loans are assumable. When a loan is assumable, it means that your VA mortgage can also be transferred to a future home buyer if that person is also VA-eligible. Assumable loans can be a giant selling point in a rising mortgage rate environment. When you sell your home, the buyer can buy your home and your mortgage. When your home sells with a below-market rate attached to it, your home can be extra affordable. Moreover, VA loans are simpler to qualify for than other popular loan types. VA mortgage guidelines list no minimum credit score, no maximum loan size, which allows for debt-to-income requirements. Which are generally more loose as compared to FHA loans and conventional mortgages via Fannie Mae and Freddie Mac.


Special VA Mortgage Loans Programs

The benefits of a VA loan reach out beyond its ease of underwriting. The Department of Veterans Affairs makes available several "special" loan programs for all VA-eligible borrowers. Among the most influential VA loan program is the Interest Rate Reduction Refinance Loan (IRRRL). In fact, you do not need verification for a VA Streamline Refinance, the IRRRL is a VA-Loan-to-VA-Loan refinance. There are barely no verification required for a VA Streamline Refinance, and no home appraisal is necessary. The only major requirement of the VA Streamline Refinance is that you may not receive cash at closing.

Other important VA loan programs include:

Construction Loans: The VA offers loans which military borrowers can use to finance the purchase and construction of a home.
Energy Efficient Mortgages (EEM): The VA presents loans which allow buyers or existing homeowners to finance the costs of energy-efficiency improvements to a home.
Loans for Alteration or Repair: The provided loans which allow buyers or existing homeowners to finance home improvement expenses into a mortgage.

The Department of Veterans Affairs also offers its Native American Veteran Direct Loan (NADL). Which offers eligible Native American veterans and their spouses VA loans for houses on Federal trust land.


Why choose NSH Mortgage for a VA Loan

NSH has over 25 years of experience in helping veterans of the U.S. military, active personnel and surviving spouses through the process of acquiring a VA Loan. Our main goal is to ensure that our veterans are able to become homeowners at a reasonable cost. Our team is dedicated to making the process as stress free and efficient as possible. Not only can we help you secure a loan that requires no down payment and no mortgage insurance, we can do it much faster than big banks! Our application contains secure links for uploading the required documents necessary for getting approved the very same day. NSH Mortgage has consistently received 5-Star ratings, reflecting our quality services.