VA provides 6,602 home purchase loans in Florida in Q2

Denis R. McDonough Secretary of Veterans Affairs | Ballotpedia

By Sunshine Sentinel

Sep 25, 2024

There were 6,602 VA home purchase loans issued in Florida in the second quarter of the fiscal year 2024 totaling $2.6 billion, according to figures provided by the Veterans Affairs Home Loans Index.

The VA assists service members, veterans, and eligible surviving spouses achieve homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.

Several VA housing programs can help members buy, build or repair their homes. Loan types may include home purchase loans, interest rate reduction refinance loans (IRRRL), and adapted housing grants geared toward veterans with a service-connected disability.

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State of Florida

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