VA Mortgage Lender
Welcome to California VA Lender. You proudly served your country, now it’s time to let California-VA-Lender.com proudly serve you.
We offer VA mortgage loans for your upcoming home purchase, VA equity loans and standard VA rate/ term refinances. With our lenders having a minimum of 10 years experience, and some of our lenders former veterans, we look forward to assisting you with your California VA mortgage.
VA Home Loans are some of the most beneficial loans to a borrower, with $0 down payment on a purchase, lower rates than conventional mortgages and easier qualifications to get approved. The VA department guarantees the loans, so there is also no mortgage insurance. To qualify, you must have served in the military at least 90 days active duty, or 6 months in the Reserves or National Guard. If you are a spouse of a deceased veteran who died in service, you may also qualify.
In California, certain counties allow up to $625,500 as the maximum VA loan amount, while all counties allow at least a $417,000 loan amount. In San Diego, Los Angeles, and San Francisco areas, the maximum loan amounts are $625,500. To determine if you qualify and what your county maximum VA loan limit is, use our live chat or contact us at 512-505-6267.
Generally, you can only have one VA loan per veteran. However, with a VA loan, you can take out up to 95% of the value of your house through a cash out refinance, and generally there are $0 closing costs outside of an appraisal.
If you are currently in a VA loan, then you qualify for the VA IRRL program, or VA Interest-Rate-Reduction-Loan, which allows you to convert your current mortgage to a lower payment, fixed rate VA loan with typically no appraisal, $0 closing costs, and $0 out of pocket expense.
Here are some general parameters on VA Mortgage Loans:
» Close with as little as $0 Money Down
» Lower Rates than Conventional Financing most times
» No Mortgage Insurance even with $0 down
» Minimum 620 Credit Score
» Close in 2-3 Weeks
» Approval in 5 Minutes over the phone, call today!
» We Lend on $100,000 Home Purchases and Above
» VA Funding Fee can be waived for Disabled Vets
» Loan Limits of $417,000 for Full Entitlement
» Easier to Qualify than a Traditional Mortgage
- To Qualify, you must be a veteran or active military member. Generally, if you have served, you qualify! The minimum qualifications are as follows:
- Must be One of the Following:
- 90 Days active duty during War Time or 90 days since 1991
- 6 Years in the Reserves or National Guard
- If you are a surviving spouse, it is possible to qualify, but speak with our loan officers to confirm
What are the Next Steps:
- Call Today to Get Pre-Approved in 10 Minutes
- Find a House, and get an accepted contract on It
- Gather your Documents that your Loan Officer Requests
- Get to Closing in as little as 2-3 weeks!
Call us today at 512-505-6267 to discuss further.
We look forward to serving you.