Why is a VA loan is the best mortgage around?
Florida VA loans are designed to give our military whether active or retired the benefit of purchasing a home with zero down payment and no mortgage insurance. You may wonder how they can offer 100% financing. They do this by applying a funding fee that is paid directly to the Department of Veteran Affairs. The fee is added to the loan and included in the financing.
The funding fee ranges based on a few factors: Is this your first VA loan? Are you on active duty or retired? Are you National Guard or Reserve? Are you contributing a down payment?