View Loan Assumptions
Rates subject to change without notice
The Standard VA loan limit in Florida for 2023 is $726,200 for most counties | Monroe County VA Loan Limits are higher at $847,000
VA Loan Limits are based on data from the Dept. of Veterans Affairs
Check to See Florida VA loan limits here
Veterans [ VA ] Mortgages
The Department of Veterans Affairs created the [ VA ] loan to make it easier for veterans and active duty to purchase a home. What makes the VA loan so special is that if you qualify, you can purchase a home for no money down. Generating tens of thousands of dollars for a conventional home loan down payment of 20% can be a huge challenge for anyone, but that is no longer a hurdle from home ownership if you qualify for a VA loan.
Beyond not having a down payment, the financial requirements with a VA loan are lot less strict when compared to a conventional home loan. With a VA loan you do not need to have perfect credit nor a long credit history. You do however need to meet the minimum service requirement set by the Veteran Affairs Department. There are fewer fees because you’re able to avoid factors associated with other loans programs, like private mortgage insurance, that can save you money.
Low or no down payment
A VA mortgage loan requires little or no money down at closing – a valuable benefit that’s unique to the VA home loan program.
Lower monthly payments
Because the VA guarantees a portion of your loan, you won’t need to pay mortgage insurance premiums – a significant monthly savings.
Simplified approval process
VA loans were designed to offset common financial challenges faced by military families and veterans, and to simplify the approval process.
Military members – To be eligible for a VA loan, you must be an active-duty or former member of the armed forces with at least:
Surviving spouses – Spouses of service members who died in the line of duty or as the result of a service-related disability.
When your ready to get started on your VA loan, we are experts to guide you through the entire process, the first step is getting you pre-approved. You can click on the button below or apply online; if you prefer to speak with one of our VA Mortgage Experts, we would be happy to speak with you at 888-259-2257.
You’ve estimated your affordability, now get pre-qualified by Fidelity Home Group to find out just how much you can borrow.
Fidelity Home Group®
4700 Millenia Blvd Suite 175, Orlando, FL 32839
Hours of Operation:
Monday - Friday 8am to 7pm EST
Saturday - Sunday 10am to 6 pm EST