What Is a VA Loan?

A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA). This guarantee allows lenders to offer incredibly favorable terms to those who have served our country — including zero down payment, no private mortgage insurance, and some of the lowest interest rates available on any mortgage product.

Florida is home to one of the largest veteran populations in the nation, and VA loans are consistently the best mortgage option for those who qualify. Whether you're buying your first home, upgrading, or refinancing, a VA loan can save you tens of thousands of dollars over the life of the loan.

As a broker with 299+ lenders, I specialize in finding the best VA rates available. Many veterans don't realize that VA loan rates vary significantly between lenders — and I make sure you get the absolute lowest one.

Key Benefits & Features

No Down Payment Required

Purchase a home with absolutely nothing down. No other mainstream loan program offers true 100% financing.

No Private Mortgage Insurance

Save hundreds per month compared to conventional or FHA loans. No PMI ever, regardless of your down payment.

Competitive Interest Rates

VA loan rates are typically 0.25% to 0.50% lower than conventional rates because of the government guarantee.

VA IRRRL Streamline Refinance

Already have a VA loan? The Interest Rate Reduction Refinance Loan lets you lower your rate with minimal documentation and no appraisal.

Lenient Credit Requirements

While lenders set their own minimums, many VA-approved lenders accept scores as low as 580 with full entitlement.

No Loan Limits with Full Entitlement

Veterans with full entitlement have no VA loan limit — you can borrow as much as a lender will approve with zero down.

Who Qualifies for a VA Loan?

VA loans are available to those who have served our country. Eligibility is determined by your service history and discharge status:

Requirement Details
Eligible Veterans 90+ days active wartime service or 181+ days peacetime service
Active-Duty Currently serving with 90+ days of continuous service
National Guard / Reserves 6+ years of service or 90+ days of active-duty deployment
Surviving Spouses Un-remarried spouse of veteran who died in service or from service-connected disability
Certificate of Eligibility COE required (I can often pull this for you in minutes)
Credit Score 580+ typical minimum (varies by lender)
VA Funding Fee 1.25% to 3.3% (can be financed; exempt for disabled veterans)
Occupancy Primary residence only

Why Work with Jason & NEXA Mortgage?

Not all lenders are equal when it comes to VA loans. Some charge higher rates or add unnecessary fees. As a mortgage broker, I have access to 299+ wholesale lenders who compete for your business — meaning you get the best VA rate without the markup a single bank would charge.

I've helped numerous veterans and military families across Florida secure their dream homes with VA financing. I understand the unique aspects of VA lending, including COE requirements, VA funding fee exemptions, and how to handle PCS moves. Let me put my 25+ years of experience to work for you.