Jumbo VA loans have become a commonly used mortgage product in Orange County, CA in 2018. But what exactly is a “Jumbo VA loan”? Well, the actual loan amount for what is considered Jumbo varies from county to county. First we need to discuss what a standard VA loan is. *Updated to reflect 2018 VA […]
Category: VA Loan Information
Find California Homes Eligible for VA Financing
Finding homes eligible for VA financing in California is easy. Singles family detached homes are easily financed with a VA loan. VA financing even works for 2, 3, and 4 units properties, and of course VA allows for 100% financing. Where it can get tricky is when a VA borrower is interested in finding a […]
Getting a VA Loan after a Foreclosure in California
Many California veterans today wonder whether or not they can get a VA loan if they have recently been through a foreclosure. Fortunately, the VA qualifying guidelines do allow for veterans and military personnel to qualify for a VA loan after a foreclosure, but with some restrictions. VA guidelines after a foreclosure are actually more […]
The California VA Loan Appraisal Process
Before your California home can be approved for VA loan financing, a VA appraisal must be completed on the property. A VA appraisal involves a thorough inspection of the home and property to determine the current market value of the home. This appraisal is especially geared towards reporting any defects involving safety or security of […]
VA Jumbo Loans are Available in California
California Veterans have been taking advantage of the VA Jumbo loan program in huge numbers in 2017 and 2018. A VA loan is considered to be a Jumbo VA Loan when it exceeds the county limit for 100% financing. While some down payment is required when going over the ZERO Down payment limit, it’s not […]
Differences Between Standard VA Loan and CalVet for California Veterans
California is unique in that not only can a Veteran use the standard VA loan program for purchasing a home with no down payment, but can also take advantage of the CalVet loan program. But there are differences between the programs which can make one program better than the other for different people. When considering […]