VA First Time Home Buyer Florida

VA First Time Home Buyer Florida

VA requires a minimum credit score of 500. No money down 100% financing.Seller ac contribute up to 4% of purchase price for closing cost.

By law, VA may only guarantee a loan when it is possible to determine that the veteran:

• is a satisfactory credit risk
  

• has present and anticipated income that bears a proper relation to the contemplated terms of repayment
• verify a minimum of 2 years employment
• Pay stubs covering at least the most recent 30-day period
  
• W-2 forms for the previous 2 years
  
• Telephone verification of the applicant’s current employment

What documentation will I need?

• Personal tax returns for the past 2 years
• Current pay stubs for the past month
• Bank statements for last 2 months (all pages)
• Latest retirement statement for each active account (all pages)
• Sales contract (purchase)
• Clear copy of Driver’s License (front and back)
• Clear copy of SS card (front and back)
• Addresses and loan information of other real estate owned (if any)

We look forward to working with you.