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VA loans, endorsed by the U.S. Department of Veterans Affairs, permit military personnel and their families to receive 100% financing for their home purchase with no mortgage insurance. USDA loans , supported by the United States Department of Agriculture, offer 100% financing to borrowers with low to moderate incomes to buy a home in.
The result, the VA Mortgage, is a mortgage loan issued by approved Florida VA Mortgage lenders such as US Mortgage Lenders and guaranteed by the federal government. Since its inception, the VA mortgage program has helped place more than 20 million veterans and their families into an affordable home financing situation through its distinct advantages over traditional mortgages.
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All loans are made by Cross River Bank, a New Jersey state chartered commercial bank, Member FDIC, Equal Housing Lender. All loans are unsecured, fully amortizing personal.
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