Honoring our service members and veterans. VA loans offer 100% financing with $0 down payment, no monthly private mortgage insurance, and competitive government-backed rates.
Eligible VA borrowers with qualifying entitlement may finance a home purchase with no down payment required.
Unlike Conventional or FHA, VA loans never require monthly mortgage insurance fees.
Refinance quickly with reduced documentation, no appraisal in most cases, and fast turnarounds.
Direct answers to common questions about VA home loan entitlement, down payment requirements, and monthly mortgage insurance.
Eligible veterans, service members, and certain surviving spouses may qualify for VA-backed financing with no down payment, subject to VA eligibility, entitlement, borrower qualification, property requirements, and lender guidelines.
LoanPlace can assist in retrieving your Certificate of Eligibility (COE) electronically from the Department of Veterans Affairs during intake.
Yes. Eligible military borrowers with full entitlement can obtain no-down-payment financing on residential properties throughout California, subject to lender underwriting criteria.
Following the Blue Water Navy Vietnam Veterans Act, county loan limits do not cap 0% down financing for borrowers holding full VA entitlement.
No. VA home loans never charge monthly private mortgage insurance (PMI) or annual mortgage insurance premiums (MIP), substantially reducing monthly housing expenses.
A one-time VA funding fee applies at closing, which can be financed into the loan amount and is completely waived for service-connected disabled veterans.
Yes. The VA home loan benefit is not a one-time benefit; eligible veterans can use it repeatedly throughout their lives.
Entitlement can be fully restored upon selling a prior VA-financed home and paying off the loan, or remaining entitlement can be used to purchase another primary residence.
Zero-down-payment VA mortgage financing for California active-duty military, reserve members, and veterans. Explore key service communities:
Explore home financing options available to eligible military borrowers.