Are you a veteran looking to finally buy the home of your dreams in Jacksonville, FL?

With NAS Jacksonville located nearby, veterans and active duty personnel can become part of a thriving military community. How can you make home buying a reality?
Use the popular option amongst military member homeowners—the VA loan.

Why a VA Loan?

Lenders offer great interest rates since the Department of Veteran Affairs secures the loan. That means saving a substantial amount of money on monthly mortgage payments. Other benefits include…

• No Money Down
• No Private Mortgage Insurance (PMI)
• No Prepayment Penalties
• Sellers Can Finance Up to 6 Percent of Closing Costs and Concessions

Qualified borrowers can secure a VA loan for a limit of $417,000 without a down payment in most of the country, including the Jacksonville area. The VA does not have hard credit and income requirements, and VA loans are often easier for service members to qualify for than conventional loans.
How Do I Start the Application Process?


It’s fast and easy. VA loan specialists can help you start the process by obtaining your Certificate of Eligibility. This document explains what VA entitlement, if any, you have. To be eligible for a VA loan, prospective borrowers must meet one of the following criteria:

• A minimum of 90 days on active duty service
• A minimum of 181 days service during a time of peace.
• All applicants must have been honorably discharged.
• Some surviving spouses can qualify

It’s important to note that the VA does not issue home loans. Instead, it provides a guarantee on about a quarter of the loan, a promise that helps lenders offer competitive rates to service members and their families.
VA loans have helped thousands of Floridians achieve the dream of homeownership. VA loans offer service members a degree of buying power and financial flexibility that really can’t be matched on the open market.

"This post comes to you from James Kelley of VA Benefit Blog . A law school student at the University of Missouri, James Kelley works to educate the public on government financing options for home purchases. He is a co-founder of Military Basebook, a facebook application that helps connect military members based on where and when they served."