VA Home Loans

VA Loan & VA Home Loan Lender

Bluestar Mortgage – Your Trusted VA Home Lender

At Bluestar Mortgage in Orlando, FL, we proudly support our nation’s heroes by offering VA home loans tailored to the unique needs of Veterans, active-duty service members, and surviving spouses. As an approved VA home lender, we help you access powerful homeownership benefits, including lower interest rates, no down payment requirements, and fewer credit restrictions.

What is a VA Loan?

A VA loan is a government-backed mortgage option available exclusively to U.S. military veterans, active-duty service members, and certain eligible surviving spouses. These loans are guaranteed by the Department of Veterans Affairs (VA) and issued through private lenders like Bluestar Mortgage, your trusted VA home lender in Orlando, FL.

Unlike conventional loans, VA home loans typically require no down payment, no private mortgage insurance (PMI), and offer competitive interest rates. It’s one of the most valuable benefits of military service, designed to make homeownership more affordable and accessible.

Benefits of a VA Home Loan

Choosing a VA home loan through Bluestar Mortgage of Orlando, FL comes with significant advantages:

• $0 Down Payment: Eliminate the need for large upfront savings.
• No PMI Required: Save thousands over the life of your loan.
• Low Interest Rates: VA backing allows lenders to offer better terms.
• Flexible Credit Requirements: Qualify with a credit score as low as 620.
• 100% Loan-to-Value on Refinances: Tap into your equity even with little to no home value increase.
• Streamlined Refinancing: Use an Interest Rate Reduction Refinance Loan (IRRRL) to lower monthly payments without an appraisal or income verification.

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Who Is Eligible for a VA Loan?

To qualify for a VA loan, you must meet at least one of the following service criteria:

• 90 days of active-duty wartime service
• 181 days of active-duty peacetime service
• 6 years in the National Guard or Reserves
• 90 days of Title 32 service with at least 30 consecutive days
• Surviving spouse of a service member who died in the line of duty or from a service-connected disability

A Certificate of Eligibility (COE) is required to prove your eligibility. As your local VA home lender, we can help you quickly obtain your COE and guide you through every step of the process.

Required Documents for a VA Home Loan

• Veterans: DD Form 214
• Active-Duty Members: Signed statement of service
• National Guard/Reservists: NGB Form 22 and/or NGB Form 23
• Surviving Spouses: Marriage license, DD Form 214, death certificate, and VA Form 26-1817 or 21P-534-ARE

VA Loan Eligibility Requirements

To qualify for a VA home loan through Bluestar Mortgage, you’ll need:

• Credit Score: Minimum 620 (varies by lender)
• Income: Sufficient income and acceptable debt-to-income ratio (usually under 50%)
• Property Type: The home must be your primary residence and meet VA’s minimum property requirements
• Occupancy: You must move in within 60 days of closing

Types of VA Home Loans Available

• Purchase Loans: Buy a home competitively with no down payment or PMI required. Ideal for first-time homebuyers and repeat buyers alike.
• Cash-Out Refinance: Tap into your home’s equity for debt consolidation, education, or home improvements.
• Interest Rate Reduction Refinance Loan (IRRRL): Also known as a VA Streamline Refinance, this loan helps you lower your rate and monthly payment with minimal paperwork.
• Native American Direct Loan (NADL): For eligible Native American Veterans purchasing or improving property on Federal Trust Land.
• Adapted Housing Grants: Financial support for disabled Veterans to buy, build, or modify a home to meet their accessibility needs.

How to Apply for a VA Home Loan

1. Get Your COE – We’ll help you obtain your Certificate of Eligibility.
2. Preapproval – Determine how much you can afford and strengthen your purchase offer.
3. Find a Home – Search for properties that meet VA minimum property standards.
4. Make an Offer – Submit a competitive offer and secure a purchase contract.
5. VA Appraisal & Underwriting – Your lender will evaluate your finances and property value.
6. Close on Your Home – Sign final documents and move into your new home.

Connect with a Bluestar Mortgage VA Loan Expert Today

If you are a Veteran, active-duty service member, or surviving spouse interested in a VA home loan, call Bluestar Mortgage at 321-400-5545. Speak directly with a VA loan expert in Orlando, FL, who can guide you through the process and help you determine if a VA loan is the right option.

Click the Schedule a Free Consultation button below to start today with one of Orlando’s top VA home lenders.

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