Yes. One of the biggest advantages of a VA loan is the ability to purchase a home with 0% down, as long as the purchase price does not exceed VA entitlement limits.

This allows many Florida veterans to buy sooner while preserving cash for reserves, moving costs, or home improvements.

No. VA loans do not require monthly mortgage insurance, which can result in significantly lower monthly payments compared to FHA or conventional loans with PMI.

The VA funding fee is a one-time fee charged by the Department of Veterans Affairs to help sustain the VA loan program.

⦿ The fee can often be rolled into the loan

⦿ Disabled veterans and certain surviving spouses may be exempt

Rayce and his team will help you determine if the funding fee applies to your situation

Yes. VA borrowers in Florida have multiple refinance options:

⦿ VA IRRRL (Streamline Refinance) for reduced paperwork

⦿ VA Cash-Out Refinance to access equity or refinance a non-VA loan into VA

Whether rates have dropped or your financial goals have changed, Rayce and his team can help evaluate your refinance options.

Yes. VA loans offer flexible options for covering closing costs, including:

⦿ Seller concessions (up to VA limits)

⦿ Lender credits in exchange for a slightly higher rate

⦿ VA-allowable closing cost structure that protects borrowers

Each transaction is unique, and Rayce and his team will help structure your loan to minimize out-of-pocket expenses whenever possible.