Florida VA Loans

Key Features

• $0 down payment — 100% financing
• No private mortgage insurance (PMI) ever
• Lowest interest rates of any loan program
• No maximum loan amount (VA guaranty covers up to $766,550)
• VA funding fee can be financed into the loan
• Seller can contribute up to 4% toward closing costs
• No prepayment penalty
• Disability-exempt veterans pay $0 funding fee

Who Is This For?

• Active-duty military (90+ days of service)
• Veterans (discharge other than dishonorable)
• National Guard and Reserve members (6+ years or 90 days active)
• Surviving spouses of service members who died in service or from service-connected disability

Florida-Specific Considerations

• Florida has no state income tax — VA disability benefits are tax-free federally AND at state level
• Florida homestead exemption saves up to $50,000 on property taxes
• Disabled veterans may qualify for additional FL property tax exemptions (up to 100% exemption)
• Florida VA loan limits: $766,550 in most counties (higher in some)
• Florida Hometown Heroes can be used alongside VA loans for closing cost help
• Wind mitigation inspection can save 20-50% on FL homeowners insurance