Exclusive Loan Benefits:

• 0% Down
  • One of the standout features of VA loans is the potential for a zero-down payment, eliminating a significant barrier to entry for eligible borrowers.
• No Monthly Mortgage Insurance (PMI)
  • VA loans do not require private mortgage insurance (PMI), resulting in cost savings for eligible borrowers and contributing to a more affordable homeownership journey.
• Discounted Interest Rates
  • VA loans offer favorable terms, including competitive interest rates and flexible credit requirements, recognizing the unique financial landscape of military personnel.
• No cash due at closing possible
  • In certain cases, VA loans can be structured to require no cash due at closing, providing additional flexibility for veterans during the homebuying process.
• Flexible underwriting
  • VA loans incorporate flexible underwriting standards, recognizing the unique financial situations of military personnel. This flexibility enhances the accessibility of homeownership for veterans.

VA Home Loan Limits:
As of January 1, 2020, the VA ceased capping the size of a loan a veteran can obtain with no money down. This change expands opportunities for veterans to purchase higher-vale homes without the constraints of loan limits.

VA Funding Fee to Increase:
It’s important to note that the VA funding fee, a one-time fee paid at closing or rolled into the loan, may increase. The funding fee helps sustain VA loan programs and supports its continued availability to veterans.

VA Streamlined Refinance (IRRRL):
See our VA Streamline Refinance page for a detailed look into this no doc refinance option.

California VA Jumbo Loan:

• VA is not just for the First-time Home Buyer. Are you shopping for a California Jumbo loan and a veteran of the U.S. Armed forces?
  California VA Jumbo Loan Features
• VA Jumbo loans up to $2,500,000
• No monthly mortgage insurance (PMI)
• Discounted interest rates
• Flexible underwriting
• VA Jumbo Loan Down Payment Options
• VA Jumbo loans no longer have a minimum down payment requirement. For qualified veterans, it is now possible to qualify for a $2,500,000 loan with zero down.

Information and self-help tools are provided for your independent use and are not intended to provide investment advice. We cannot and do not guarantee loan eligibility or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to speak with one of our experienced loan officers for a loan eligibility analysis and custom rate and payment estimate.