VA loans
Almost 35 years of California VA loans.
VA loans are guaranteed by the U.S. Department of Veterans Affairs and offer some of the strongest financing terms available: 100% financing, no monthly mortgage insurance, and competitive rates. Paul has originated VA loans for almost 35 years and serves the California military community.
Eligibility
- Eligible veteran, active duty service member, National Guard, Reserve, or qualifying surviving spouse
- Valid Certificate of Eligibility (COE)
- Property used as your primary residence
- Sufficient income and acceptable credit
Benefits
- Buy a home with no down payment.
- Able to take advantage of your VA benefits even if you have already used them in the past.
- No monthly private mortgage insurance.
- Competitive fixed and adjustable rates.
- Limits on closing costs; loan is assumable by qualified buyers.
How we help
Our dedicated VA mortgage bankers are experts in the VA loan process. Mortgages are all we do.
We have served the military community (active and retired) of California for more than a decade and originated VA loans for almost 35 years.
If you have questions about entitlement, IRRRL, or a cash-out refinance, call Paul. He will walk through the math with you and tell you the truth, not the easy answer.
FAQ
Do I need a down payment?
Usually no. Most eligible VA borrowers can finance 100% of the purchase price, subject to lender overlays and county limits.
Is there mortgage insurance?
No monthly PMI. There is a one-time VA funding fee, which can be financed into the loan and is waived for certain disabled veterans.
Can I use my VA benefit more than once?
Yes. Entitlement can be restored after paying off a prior VA loan, and partial entitlement is also common for borrowers who already have an active VA loan.
What credit score do I need?
The VA does not set a minimum. Lender overlays typically start around 580 to 620; better terms above 700.
What is an IRRRL?
Interest Rate Reduction Refinance Loan. A streamlined VA-to-VA refinance with reduced documentation when you are lowering your rate.
Ready when you are. Better call Paul.