Veterans Affairs (VA) Loans, backed by the U.S. Department of Veterans Affairs, offer a valuable home financing option for eligible veterans, active-duty service members, and surviving spouses. These loans help veterans buy, build, improve, or refinance homes with favorable terms and minimal financial barriers.
With more than 1.5 million veterans calling Florida home, the Sunshine State remains one of the nation’s most veteran-friendly environments for homeownership. From its extensive military installations to its wide array of veteran assistance programs, Florida provides robust pathways to home financing and homeownership support for those who have served.
Florida hosts several major military installations, including MacDill Air Force Base in Tampa, Naval Air Station Pensacola, and Eglin Air Force Base. These bases anchor strong military communities across the state. Florida veterans also have access to the Florida Department of Veterans’ Affairs (FDVA), which provides housing and benefit guidance to support veteran homeowners.
The Florida housing market continues to experience steady growth, particularly in metropolitan areas like Tampa, Orlando, Jacksonville, and Miami. Rising prices in these areas make the advantages of VA loans—such as favorable rates and lower upfront costs—especially valuable for veterans.
A VA Construction Loan offers Florida veterans the opportunity to build a home tailored precisely to their needs, combining land purchase and construction financing under one loan. Veterans should first verify their eligibility through the U.S. Department of Veterans Affairs.
In addition, the Florida Housing Finance Corporation offers homeownership assistance programs that can complement VA construction financing. These include down payment and closing cost assistance initiatives that may help veterans achieve their construction goals more affordably.
Learn more about a Veteran Construction Loan at The Federal Savings Bank
A VA Purchase Loan helps Florida veterans and service members achieve homeownership with competitive interest rates, no down payment, and no private mortgage insurance (PMI). Eligibility details are available through the U.S. Department of Veterans Affairs.
Veterans may also explore the Florida Housing Finance Corporation, which provides programs with favorable mortgage terms and assistance for active-duty and retired military personnel.
Learn more about a VA Loan at The Federal Savings Bank
Florida is home to a robust network of veteran services and housing support programs. Key examples include:
Veterans can find additional statewide resources through the FDVA’s Benefits and Services portal.
A VA Cash-out Refinance Loan enables eligible Florida veterans to refinance existing mortgages—potentially lowering payments or accessing home equity for renovations, debt consolidation, or other goals. Verify eligibility through the VA’s home loan resources.
Florida veterans should review guidelines provided by the Florida Office of Financial Regulation to understand state lending practices and consumer protections. This ensures a transparent refinancing experience aligned with state and federal regulations.
Learn more about a VA Cash-out Refinance Loan at The Federal Savings Bank
Florida proudly supports its veterans and service members in achieving their homeownership dreams. Whether you’re building a new home, purchasing, or refinancing, Florida provides strong veteran-focused resources and financial guidance to make your journey smoother.
For personalized support, our team at The Federal Savings Bank is here to help. We’ll guide you through the VA loan process and connect you with Florida-specific programs to maximize your opportunities. Take the next step—reach out to us today to begin your Florida VA Loan journey.
Yes. The Florida Department of Revenue provides details on homestead exemptions and tax reductions for disabled veterans and surviving spouses.
A VA construction loan may be used to buy land and build your home in a single transaction. However, land-only purchases are not covered. Veterans can explore state resources via the Florida Housing Finance Corporation.
The VA does not cap loan amounts, but lenders may have limits based on county loan standards. You can check Florida’s county loan limits on the Federal Housing Finance Agency (FHFA) website.
This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.