VA Loans

About VA Home Loans

A VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs (VA). They are designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).

Since the VA guarantees a portion of the loan this reduces the lenders’ risk of loss, which allows for more favorable terms that most other loans do not provide; such as competitive rates, lower credit requirements, no down payment required, no prepayment penalties, and more.

Who is this loan for?

VA loans are reserved for military veterans, active service members, or eligible surviving spouses.

Borrowers must have served 90 consecutive days of active service during wartime, served 181 days of active service during peacetime, or have 6 years of service in the National Guard or Reserves.

Surviving spouses of members who have died in the line of duty or as a result of a service-related disability who have not remarried, may also qualify.

Benefits of a VA Loan

No down payment
Lower closing costs
Easier credit requirements
No mortgage insurance required

What can I do with a VA Loan?

The U.S. Department of Veterans Affairs offers home loans and other housing-related programs to help veterans purchase, build, repair, or adapt a home for personal occupancy.

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10710 FL-54 c101, Trinity, FL 34655
(727) 226-1040
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State of Florida, Colorado, and Tennessee.
NMLS #222883
Christopher Paul Financial, LLC dba CPF Mortgage is a Florida Mortgage Lender (NMLS 222883), Florida State License MLD929, Colorado and Tennessee registered mortgage company located at 10710 State Road 54, Ste. C101, Trinity, FL 34655. All loan approvals are credit driven and all decisions are based on underwriting credit approvals. All rates, terms, and programs are subject to change without notice. Borrowers should consider their options carefully when choosing a loan program.
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