The VA loan is a wonderful option for our veterans.  The people who have proudly served defending our country deserve a helping hand, and the VA is working hard to try to extend their programs to assist as many veterans as possible.

The VA has the only 100% mortgage currently available on the market! Additionally the seller can contribute up to 4% of the buyers closing costs, making this a very low money down government program.

The maximum VA loan has been increased to $417,000 for both Dade and Broward Counties, so whether you are looking to live in Miami, Fort Lauderdale or somewhere in between, there will be a loan that may be just perfect for you and your family.

Medical collections are not typically required to be paid off prior to closing and the VA tends to be quite liberal on their ratios.

They do like to verify two years of employment, but certain exceptions often apply.  For example, if the veteran were a student the two-year employment requirement could be waived on a case-by-case basis.

It is a great day to buy and invest in a South Florida home.  Property owners are willing to roll out the red carpet in concessions to entice buyers to purchase their homes.  Mortgage rates are near all time lows. Capturing these low rates now means your monthly payments will be much more affordable.

To find out if this would be a good loan program for you and your family, please don't hesitate to contact Mark Cornwell of Chase Manhattan mortgage Mark.cornwell@chase.com.  He has years of experience and can help you find the mortgage program to best meet your needs.

If you would like to receive a daily list of homes as they hit the market please visit: www.getsouthfloridalistings.com.

It would be my pleasure to assist you in all of your South Florida Real Estate needs, from Miami to Fort Lauderdale, serving both Dade and Broward Counties; I am here to be of service.

Additionally, for our veterans I would like to offer a free home inspection to be credited at the time of closing.

I salute you, thanking for making our country a safe place to live!

ELLEN BITHELL
CRS, CERTIFIED REO SPECIALIST, HOUSING OPPORTUNITIES SPECIALIST
SELLING SOUTH FLORIDA

http://www.va.gov/