VA Loans

For the brave men and women who have served our country, VA loans in Miami provide an opportunity to finance a home simply and affordably. Insured by the Department of Veterans Affairs (VA), these loans are packed with competitive features like zero down payment and no prepayment penalties.

Here Is What You Can Do with a VA Loan in Miami

Purchase a home

Build or upgrade a home

Refinance an existing VA loan

through the Interest Rate Reduction Refinance Loan (IRRRL) program.

Benefits of VA Loans in Miami

Homebuyers who are eligible for VA loans can look forward to the following advantages:

  • Zero down payment
  • Easy credit qualifications. Lenders are able to take on riskier buyers since the loan is backed by the VA. Buyers who might be turned away for conventional loans may be approved for a VA loan.
  • Competitive interest rates. You can choose either a fixed or adjustable rate mortgage and save money over many conventional loan offers.
  • You have the option of paying off your mortgage early without being penalized.
  • You do not need to purchase private mortgage insurance (PMI). That can translate to long-term monthly savings.
  • There are low caps on closing costs with most buyers paying no more than 1-3%. In some cases, closing costs may not apply.
  • Funding fees are waived for disabled service members.

Many people who cannot afford or qualify for a conventional loan are able to make their housing dreams come true through a VA loan.

VA Loans in Miami

Are You Eligible for a Miami VA Loan?

VA loans are available for:

  • Active duty service members. This includes members not only of the core branches, but also the National Guard and Reserve.
  • Veterans.
  • Surviving spouses.

Let Lending Bankers Mortgage Help You Apply for a VA Loan in Miami

As one of South Florida’s top mortgage companies, we partner with numerous VA loan lenders in Miami. We can help you move into a new home with zero down payment, competitive interest rates, and favorable loan terms. Please call (786) 220-1100 today to find out if you are eligible for the VA loan program!

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