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VA Loans in Matlacha Isles-Matlacha Shores New Homes for Sale in Matlacha Isles-Matlacha Shores, FL have a median listing price of $575,000 and a price per square foot of $263. There are 0 active new homes for sale in Matlacha Isles.
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While the VA does not lend money for VA loans, it backs loans made by private lenders (banks, savings and loans, or mortgage companies) to veterans, active military personnel, and military spouses who qualify.
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VA loans reward veterans for their service and sacrifice on behalf of our country in a number of ways. What Is A VA Loan? VA loans are a special type of home mortgage reserved for active military members and veterans. These home loans are guaranteed by the U.S. Department of Veterans Affairs and offered by participating approved lenders. The VA does allow for having two VA Loans at the same time, as long as the max entitlement is not exceeded.
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A VA-guaranteed loan offers a number of safeguards and advantages over a non VA-guaranteed loan. For example, the interest rate is competitive with conventional rates with little or no down payment required. Also there is no monthly mortgage insurance premium as there is with conventional and FHA loans.
Find the VA limits for your county and state to see how much you can borrow while using your VA loan eligibility. Use the veteran benefits you worked so hard to earn. Find the 2019 VA limits for your county and state to see how much you can borrow while using your VA loan eligibility.
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