Loan Spotlight: High Balance VA loan. Buy in Port Orange, Ormond Beach, & more! 0% down up to $2M

Updated: Apr 9

Happy New Year! As we welcome 2021, here at Simplicity Mortgage we are so grateful that we were able to safely continue providing excellent mortgage options to our clients all throughout 2020. Whether refinancing or purchasing a new home, helping borrowers achieve a highly competitive interest rate and feel confident throughout the mortgage process is our mission.

We are thankful for each and every client who chose Simplicity Mortgage in 2020 and look forward to even better things to come in 2021!

Over this past year we’ve completed a variety of mortgages, but a few really stand out.

We thought we would highlight one of our favorites - plus the loan program for this purchase is one that many don’t know much about: 100% VA financing up to $2,000,000.

In early December, Simplicity Mortgage financed the purchase of this gorgeous $1.384M home. 0% down payment and an interest rate in the mid 2’s.

Trust me, it is worth taking a minute to look thru the photos of this Sorrento, FL golf course beauty! This home has something for everyone. Stunning finishing's, custom architecture, a wine cellar, a large chef’s kitchen, pools, water features, outdoor kitchens and plenty of windows filling the home with tons of natural light.

To finance this beautiful home, we utilized our high balance VA loan program.

In 2019, VA loan limits were removed, which means VA financing could be utilized for the purchase of higher priced properties. This also means you get to enjoy all the benefits of a VA loan, namely 0% down.

Of course, the loan program comes with some requirements - the veteran must have full eligibility, a credit score over 700, single family residence, and the income to support the purchase. However, for those that qualify, it’s a spectacular loan option with a low rate, 0% down, and loan amount up to $2 million. For those with a credit score from 680 - 699 can qualify up to $999,999 and 640 - 679 up to $765,600!

Are you a veteran and looking to purchase or refinance?

Give Simplicity Mortgage a call at (386) 401-9000 to discuss your mortgage options.

Simplicity Mortgage is located in the heart of Port Orange on Dulawton Avenue. They are a local, customer focused mortgage brokerage providing those purchasing in the local area, as well as all of Florida excellent mortgage options. They have access to the loan products of over 15 different lenders, allowing them to find the best mortgage program for your purchase or refinance.

If you are looking for a personalized customer experience, competitive interest rate and low fees, Simplicity Mortgage could be the perfect fit for your next home purchase or mortgage refinance.

Local. Experienced. Professional.







COMPANY NMLS # 1755062

 870 Dunlawton Ave #309

Port Orange, FL 32127

  • Instagram



  • Facebook