VA Home Loans
Government insured, VA Home Loans are a great option for Veterans.
How do I know if I am eligible for a VA home loan?
You may be eligible for a VA loan by meeting one or more of the following requirements: You have served 90 consecutive days of active service during wartime, OR. You have served 181 days of active service during peacetime, OR. You have 6 years of service in the National Guard or Reserves.
Advantages
- Eligible homebuyers are not required to have a down payment in most cases - typically cited as the greatest VA loan benefit.
- No monthly mortgage insurance premiums or PMI to pay.
- Limitation on buyer's closing costs.
- Lower average interest rates than other loan types.
- No prepayment penalties.
- Two refinance options.
What can disqualify you from a VA loan?
Dishonorable Discharge
Veteran status requires that service members are discharged or released from the military under conditions other than dishonorable. A veteran with a dishonorable discharge will not be eligible to participate in the VA Loan Guaranty program.
How long does it take for a VA loan to be approved?
The circumstances of each loan are different, but it doesn't take any longer to get approved for a VA loan that it would for a conventional or FHA loan.
Pre-Qualify For Free
List of services
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Fixed Rate Mortgage Write a description for this list item and include information that will interest site visitors. For example, you may want to describe a team member's experience, what makes a product special or a unique service that you offer.
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Adjustable Rate Mortgage: (ARM) Write a description for this list item and include information that will interest site visitors. For example, you may want to describe a team member's experience, what makes a product special or a unique service that you offer.
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Jumbo Loan Write a description for this list item and include information that will interest site visitors. For example, you may want to describe a team member's experience, what makes a product special or a unique service that you offer.
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FHA Loan Write a description for this list item and include information that will interest site visitors. For example, you may want to describe a team member's experience, what makes a product special or a unique service that you offer.
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FHA 203K Renovation Loan Write a description for this list item and include information that will interest site visitors. For example, you may want to describe a team member's experience, what makes a product special, or a unique service that you offer.
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VA Home Loan Write a description for this list item and include information that will interest site visitors. For example, you may want to describe a team member's experience, what makes a product special, or a unique service that you offer.
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With Lender Paid or Borrower Paid MI (mortgage insurance) Write a description for this list item and include information that will interest site visitors. For example, you may want to describe a team member's experience, what makes a product special, or a unique service that you offer.
Contact Us
Our Main Office is located in Connecticut at
3333 Main Street, Stratford, CT 06614
203-908-3428
Our Florida Branch Office is located at
800 Village Square Crossing
Suite 116, Palm Beach Gardens, FL 33410
Florida Branch NMLS Number: 1598882
Florida Branch Licensed in Florida and Connecticut
FLORIDA: 203-952-5057
First Choice Mortgage, LLC is a licensed mortgage broker, Connecticut Department of Banking, NOT A LENDER NOR A CORRESPONDENT MORTAGE LENDER. ( MB-70986); Licensed mortgage broker, Florida Office of Financial Regulation (MBR1895), New Hampshire Banking Department (22433-MBR), Vermont Department of Financial Regulation (1363 MB). Verify our licenses at www.NMLSCONSUMERACCESS.ORG by entering NMLS No. 70986;
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