Do I need a down payment for a VA loan?

Eligible borrowers with full entitlement can often buy with no down payment. If you have partial entitlement, a down payment may be required. We'll review your COE together.

What is the VA funding fee?

It's a one-time fee paid to the VA that helps fund the program. It varies by down payment and whether it's your first use. Veterans receiving VA disability compensation are typically exempt.

Can I use a VA loan more than once?

Yes. Entitlement can be restored after a VA loan is paid off, and in some cases you can have more than one VA loan at a time with remaining entitlement.

Can I buy a multi-unit property with a VA loan?

Yes, VA loans can be used for 1-4 unit properties as long as you live in one of the units as your primary residence.

Is there a VA loan limit?

Borrowers with full entitlement generally have no VA loan limit, though lenders still require you to qualify for the payment. With partial entitlement, county limits can affect how much you can borrow with no money down.

Loan Programs

VA Loans in California

Use the home loan benefit you earned: $0 down for eligible borrowers, no monthly mortgage insurance and competitive rates, compared across multiple VA lenders.

Get Pre-Approved Call (530) 414-8050

Not affiliated with or endorsed by the U.S. Department of Veterans Affairs or any government agency.

Who It's For

Is VA Loans a fit for you?

Active-duty service members
Veterans with qualifying service
Eligible National Guard and Reserve members
Certain surviving spouses
Veterans who have used their benefit before and want to use it again

$0 Down Payment

Eligible borrowers with full entitlement can finance up to 100% of the purchase price.

No Monthly Mortgage Insurance

VA loans don't carry monthly PMI, which can lower your payment compared with other low-down options.

Competitive Rates

VA loans are government-guaranteed, which often helps pricing. I shop multiple VA lenders for you.

Flexible Guidelines

VA underwriting looks at residual income and the full picture, not just a single ratio.

How It Works

The VA Loans Process

Confirm eligibility

I help you request your Certificate of Eligibility (COE) and review your entitlement.

Get pre-approved

We review income, credit and assets and issue a VA pre-approval.

Find the home

Make offers with confidence. The property must meet VA minimum property requirements.

VA appraisal & underwriting

A VA-assigned appraiser values the home while underwriting reviews your file.

Close

Sign, fund and get the keys.

Typical Guidelines

General Guidelines

General information only. Actual requirements vary by lender and scenario.

Down payment	$0 with full entitlement; may vary with remaining entitlement
Credit score	No VA minimum; lender minimums vary by lender
Mortgage insurance	None (VA funding fee applies unless exempt)
Occupancy	Primary residence
Property types	1-4 units, condos (VA-approved), manufactured (varies by lender)
Debt-to-income	Varies by lender; residual income also considered

Not affiliated with or endorsed by the U.S. Department of Veterans Affairs or any government agency.

Live Market

Today's Rates

Rates shown are for informational purposes, change daily, and are not a commitment to lend. Your rate depends on credit, loan amount, property and other factors.

Run the Numbers

Mortgage Payment Calculator

Home Price$400,000

Home price ($)

Down Payment (20.0%)$80,000

Down payment ($)

Interest Rate6.500%

Interest rate (%)

Loan Term30 Years

Property Tax (Yearly)

1.25% is a planning assumption, not a property-specific quote.

Homeowners Insurance (Yearly)

HOA Dues (Monthly)

Financed Upfront Fee

Enter any financed funding, guarantee or upfront insurance fee.

Estimated Monthly Payment

$2,689

Including taxes & insurance · $2,023 principal & interest

Payment Breakdown

Principal & Interest: $2,023
Property Taxes: $417
Homeowners Insurance: $250
HOA Dues: $0
PMI: $0

Loan Summary

Base Loan Amount: $320,000
Financed Upfront Fee: $0
Total Financed: $320,000
Loan-to-Value: 80.0%
Total Interest (P&I): $408,142

Estimates only, not a loan offer or commitment to lend. Rates, taxes and insurance are editable planning assumptions. Program selection is not an eligibility determination. Mortgage insurance and upfront fees vary by program and lender; enter your quoted amounts. Actual payments may differ. VA loans have no monthly mortgage insurance.

Talk to Bill about your numbers

FAQ

VA Loans FAQ

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