Median Sale Price
$395,595
Florida statewide median — below the national $417,700 median
+1.7% YoYFlorida · VA LoansVA Loans in Florida:
VA Loans in Florida:
Eligibility, Benefits & Assistance Programs
$0Down payment (full entitlement)
No PMINo monthly mortgage insurance
No limitLoan amount with full entitlement
2.15%Funding fee (first use, 0% down)
The short version
VA in Florida at a Glance
VA loans are a benefit earned through military service: eligible Florida veterans, active-duty service members, and qualifying spouses can buy with $0 down and no monthly mortgage insurance.
$0
Down payment (full entitlement)
0
Monthly mortgage insurance (no PMI)
Exempt
Funding fee for most disabled veterans
VA loans are guaranteed by the U.S. Department of Veterans Affairs and originated by VA-approved lenders like Intra-Mortgage. You'll need a Certificate of Eligibility (COE), and the home must be your primary residence and pass a VA appraisal. Florida is one of the country's top states for veterans — a huge active-duty and retiree population, no state income tax, and property-tax exemptions for disabled veterans that can save thousands a year.
Florida-specific note: Florida stacks strong veteran benefits on top of the VA loan: a $5,000 homestead property-tax exemption for veterans with a 10%+ service-connected disability, a total homestead exemption for veterans who are 100% permanently and totally disabled, an added discount for combat-disabled veterans age 65+, and benefits for surviving spouses. Confirm current eligibility with your county property appraiser.
Florida housing market
Market Snapshot
Florida combines a large, liquid housing market with one of the biggest veteran and military communities in the country — and inventory has loosened, giving VA buyers room.
Days on Market
69 days
Statewide average — slower pace means more negotiating room
Longer than 2024Veteran Population
Top 3
Florida has one of the largest veteran populations in the U.S.
Steady demandMilitary Bases
Many
NAS Jacksonville, NAS Pensacola, Eglin & Tyndall AFB, MacDill AFB & more
StatewideFlorida's military footprint spans the state — from NAS Jacksonville and the Pensacola/Panhandle bases to MacDill in Tampa — and it's a top retirement destination for veterans. One market reality to plan for: Florida homeowner's, wind, and flood insurance are separate from the loan but feed your monthly payment and VA residual-income review, so we quote them early.
Florida veteran benefits
Florida Programs That Stack With a VA Loan
These Florida veteran benefits can work alongside a VA loan to lower your cost of buying and owning.
Total Disabled Veteran Homestead Exemption
Florida Department of Revenue
- Benefit
- Full homestead exemption from property tax for eligible veterans
- Structure
- Veterans with a 100% permanent and total service-connected disability. Surviving spouses may qualify. Filed with the county property appraiser.
Source: Florida Department of Revenue · Verified Sep 8, 2026
$5,000 Disabled Veteran Exemption
Florida Department of Revenue
- Benefit
- $5,000 reduction in the home's taxable value
- Structure
- Veterans with a 10% or higher service-connected disability rating. Filed with the county property appraiser.
Source: Florida Department of Revenue · Verified Sep 8, 2026
Combat-Related Homestead Tax Discount (Age 65+)
Florida Department of Revenue
- Benefit
- Ad valorem tax discount equal to the veteran's service-connected disability percentage
- Structure
- Veterans age 65 or older with a permanent, combat-related service-connected disability who were honorably discharged. Discount applies to homestead property after other exemptions. Surviving spouses may qualify. File Form DR-501DV with the county property appraiser by March 1.
Source: Florida Department of Revenue · Verified Sep 8, 2026
VA Funding Fee Exemption
U.S. Department of Veterans Affairs
- Benefit
- The one-time VA funding fee is waived
- Structure
- Veterans receiving VA disability compensation (10% or higher) and certain other eligible recipients.
Source: U.S. Department of Veterans Affairs · Verified Sep 8, 2026
Stack the benefits. A Florida veteran can pair the VA loan (0% down, no PMI) with — if disability-rated — a waived funding fee and a property-tax exemption worth thousands a year, all in a state with no income tax. Eligibility and program terms change, so we confirm each with the VA and your county property appraiser before you rely on it.
Real scenarios
Florida VA Borrower Profiles
Common veteran and service-member situations we see in Florida — and how the VA benefit works for each.
Profile A
First-use active-duty buyer, Pensacola
Stationed at NAS Pensacola, buying a $340,000 home. Full entitlement, so $0 down. First use with no down payment means a 2.15% funding fee (financed into the loan) unless a disability rating exempts it. No monthly mortgage insurance — but we quote wind/flood insurance early so the full payment is realistic.
$0 downNo PMIQuote insurance early
Profile B
Disabled veteran retiree, Tampa
Rated 100% permanent & total disabled, retiring near Tampa on a $360,000 home. The VA funding fee is waived, and a 100% rating can qualify for a total Florida property-tax exemption on the homestead — a large recurring saving in a no-income-tax state. We line up the COE and exemption paperwork early.
Funding fee waivedProperty-tax exemption$0 down
Profile C
Reusing the benefit, PCS to Jacksonville
Sold a prior VA-financed home and restored full entitlement, now relocating to Jacksonville for a $410,000 purchase. VA has no loan limit with full entitlement, so the price is not a barrier. Subsequent use raises the funding fee unless exempt — we model both.
Entitlement restoredNo loan limitHigher funding fee
Profile D
Condo buyer, coastal Florida
Wants a coastal condo. VA can finance a condo, but the project generally must be on the VA-approved list. We check the building's approval status before writing the offer — the most common way a Florida VA condo deal stalls — and factor wind/flood insurance into the payment.
VA condo approval requiredCheck building firstInsurance matters
Run the numbers
Florida VA Payment Estimator
Estimate your monthly payment. VA has no monthly mortgage insurance — the one-time funding fee is financed into the loan. In Florida, remember insurance is separate and can be significant; ask us for a full quote.
Florida median: $395,595 · VA: no loan limit with full entitlement
Rates vary by credit, lender, and market
Monthly P&I
$2,554
Principal & interest
VA Funding Fee
$8,505
One-time, financed into the loan
Total Monthly
Talk to a loan officer$2,554
P&I only — no monthly MI
Estimates only. The VA funding fee shown is the first-use rate for the selected down payment and is waived for most veterans with a service-connected disability; subsequent use is higher. No monthly mortgage insurance. Does not include property tax (a disabled-veteran exemption may apply), homeowner's / wind / flood insurance, or HOA / condo dues — which run higher in much of Florida. Not a commitment to lend.
Answers to real questions
Florida VA Loan FAQs
No — not for veterans with full entitlement. Since 2020, the VA does not cap the loan amount for borrowers with full entitlement; you can borrow what you qualify for with $0 down, statewide. Limits only apply if you have reduced entitlement (for example, an active VA loan on another property). We confirm your entitlement on the COE up front.
Several. Veterans with a 10%+ service-connected disability get a $5,000 reduction in taxable value; veterans who are 100% permanently and totally disabled from service can qualify for a total homestead exemption; combat-disabled veterans age 65+ get an added discount equal to their disability percentage; and surviving spouses may qualify. Combined with no state income tax, Florida is one of the most tax-friendly states for disabled veterans — confirm current rules with your county property appraiser.
Usually, yes. Veterans receiving VA disability compensation (generally a 10% or higher rating) are typically exempt from the one-time VA funding fee — which can save thousands up front. We confirm exemption status from your COE and disability documentation before closing.
Yes, but the condo project generally must be on the VA-approved list (Florida has a lot of condo inventory, and approval status is the most common reason a VA condo deal stalls). We check the building before you write an offer. Note that wind and flood insurance on coastal condos feeds your monthly payment and the VA residual-income review, so we quote it early.
No. With full entitlement you can buy with $0 down, and there is no monthly mortgage insurance — two of the biggest advantages of the VA benefit. You can put money down to lower the funding fee and balance, but it is not required.
Yes. VA entitlement is reusable. Once you sell a VA-financed home and pay off the loan, your full entitlement is restored for the next purchase, and it is sometimes possible to hold more than one VA loan at a time using remaining entitlement. Subsequent use generally carries a higher funding fee unless you are exempt.
From the field
A Florida Loan Officer's Take on VA
"Florida might be the best state in the country to use the VA benefit — huge veteran community, no income tax, and property-tax exemptions that can wipe out a disabled veteran's tax bill. The two things I always get ahead of here are insurance and condo approval, because those — not the loan — are what trip Florida buyers up. Handle them early and VA is hard to beat."
Katie Smith
VP of Operations & Senior Loan Officer, Intra-Mortgage — Licensed in FL, IN, OH, MIKatie is licensed across Florida and works with veterans and active-duty service members from the Panhandle bases to Jacksonville and Tampa. She specializes in stacking VA benefits with Florida's veteran property-tax exemptions — and in getting ahead of insurance and condo approval.
What she watches for on Florida VA files:
- Certificate of Eligibility and remaining entitlement — confirmed before the offer
- Wind/flood insurance and condo-approval status that affect the payment and file
- Disabled-veteran funding-fee waiver and county property-tax exemption paperwork
Sources & references
Where these figures come from
- VA-backed home loan eligibility, entitlement, and the VA funding feeU.S. Dept. of Veterans Affairs
- Florida Housing homebuyer assistance, including the Salute Our Soldiers program for veteransFlorida Housing Finance Corp.
- Total Disabled Veteran Homestead ExemptionFlorida Department of Revenue
- Combat-Related Homestead Tax Discount (Age 65+)Florida Department of Revenue
- VA Funding Fee ExemptionU.S. Department of Veterans Affairs
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