VA loans: the best loan in America, period.

Not for full-entitlement veterans. Since the Blue Water Navy Vietnam Veterans Act of 2019 (effective 2020), veterans with full entitlement can borrow above the conforming limit with $0 down, no loan cap whatsoever. Partial entitlement (if you have an active VA loan) follows county loan limits. We review your COE before pre-approval to map your exact entitlement position.

VA itself has no minimum FICO. But lenders set their own overlays, typically 580 to 620. We have lender relationships that hit the actual 580 floor. Best pricing at 700+. For files below 620 with compensating factors (stable income, reserves, low DTI), manual underwriting is available. Don't assume your score disqualifies you, let me check it against actual VA lender guidelines.

Absolutely. VA loans work across all of Florida including Monroe County. The challenges are the same coastal-specific ones any loan faces, flood zones, insurance availability, condo project approval, but VA has no special restrictions for waterfront properties. We've closed VA loans on Keys waterfront. The key is working with someone who knows those variables, not someone who panics at an AE flood zone designation.

The funding fee is waived for: veterans with a service-connected disability rating (any %), surviving spouses receiving Dependency and Indemnity Compensation (DIC), and Purple Heart recipients on active duty. Otherwise it ranges 1.25% to 3.6% depending on whether it's first or subsequent use and how much you put down. It can be financed into the loan, you don't need cash for it.

Yes, VA entitlement can be used on two properties simultaneously when remaining entitlement is available. This is common for PCS-relocating service members who want to keep their current home as a rental and purchase in a new duty station. We map your exact entitlement position from your Certificate of Eligibility (COE) before any offers are written. It's more flexible than most veterans know.