VA Loans California
California VA Loans Purchase & Refinancing
California truly offers something for everyone. Northern California has beautiful redwood forests, Lake Tahoe, mountains and a thriving agricultural region, while Southern California is known for beautiful weather, movie stars and the entertainment industry. Whether you’re a California native who’s looking for a place to settle after your time in service is over or you’re stationed in California for a short time, VA loan California from VALoansFinance.com can help ensure that you get a great interest rate on no money down VA loans California. If you’re already a homeowner, VALoansFinance.com can even help reduce your monthly payment by providing refinancing for VA Loans California.
The process for applying for VA loan California is easy! Our VA Loans California application form has everything necessary so we can quickly pre-approve you; however, if you have questions, we can be reached at info@VALoansFinance.com or by phone at (866) 216-3577. Our knowledgeable and experienced VA home mortgage experts will be able to answer any question you may have about VA loan California or about refinancing an existing loan.
Qualifying for VA Home Loans California Is Easy!
Our VA loan California eligibility page has all the information you need to find out if you’re eligible for California VA mortgage loans. If you have specific question or a unique circumstance, contact us so that we help determine your eligibility and walk you through the process for VA mortgages.
Basic qualifications for VA Loans California loan include:
- Active duty service for 90 days or more during wartime
- Active duty service for 180 days or more during peacetime
- Honorable discharge from your service branch
- You are on active duty
- Being the surviving spouse of a Veteran who died in service or as a result of a service-related injury, providing that you have not remarried.
Simply fill out our easy California VA loan qualification form and you’ll be on your way to home ownership! Your local California VA loan expert will be able to help you find your VA home loans California COE or your DD214. We value your time and we won’t make you jump through hoops to purchase your home with a VA loan.
We promise that won’t have to worry about:
- Hidden fees
- Excess paperwork
If you have questions regarding your debt to income ratio or your individual credit score, we can help answer them. We’ll explain how these things can affect your interest rate, as well as let you know what type of documentation we need so you can apply for VA home loans California.
Call us today at (866) 216-3577, use our Contact Form or email us at info@VALoansFinance.com. We’ll contact you quickly with the answers to your questions, whether you want to use VA Loans California to buy a new home or to refinance your current loan to save money.
California Veteran Mortgage Refinancing Options Save You Money!
Do you already own a home with a VA home loan California? If so, we can help with a California VA mortgage refinance. Our VA mortgage refinancing program is easy and requires minimal paperwork, whether you’re interested in a streamline refinance or a cash-out refinance. Take advantage of the lowest interest rates in years with California VA mortgage refinancing from VALoansFinance.com.
Alternatives to VA Loans California Include FHA Loans
If you’re not qualified for a Veteran home mortgage or VA mortgage refinance, don’t worry! VALoansFinance.com can also help with California FHA loans and FHA refinance loans. The FHA mortgage is a government-backed program where homeowners can purchase a new home with just 3.5% down. Additionally, the program has different credit requirements, which makes an FHA purchase loan an ideal choice for buyers with less than perfect credit.
At VALoansFinance.com, we think every Veteran should be able to purchase a home with a Veteran mortgage. That’s why we work tirelessly with every Veteran to help them find the loan that’s right for them.
Call us today at (866) 216-3577, use our Contact Form or email us at info@VALoansFinance.com. We’ll contact you quickly with the answers to your questions, whether you want to use VA loan California to buy a new home or to refinance your current loan to save money.
The Housing Market in California
The local housing market in California is quite varied, depending on where you’re planning to live. In some areas, such as Twentynine Palms, the median sales price is around $119,000. However, in more expensive areas, such as Malibu or Beverly Hills, the median sales price is around $4,000,000.
Median value of owner-occupied housing units: $211, 500
Median asking price for housing units: $151,900
In less expensive areas, the VA loan limit is $417,000*. However, more expensive counties have higher limits.
These counties with higher limits on California VA home loans include:
- Alameda: $987,500
- Contra Costa: $987,500
- Los Angeles: $668,750
- Marin: $987,500
- Mono: $437,500
- Monterey: $425,000
- Napa: $521,250
- Orange: $668,750
- San Benito: $823,750
- San Diego: $500,000
- San Francisco: $987,500
- San Luis Obispo: $481,250
- San Mateo: $987,500
- Santa Barbara: $593,750
- Santa Clara: $823,750
- Santa Cruz: $668,750
- Sonoma: $448,750
- Ventura: $546,250
The higher limits on California VA loans helps ensure that Veterans can purchase a home using their entitlement, even in local areas where homes are more expensive.
Why Veterans Love California
- There are over 30 different military installations scattered throughout California. These include Camp Pendleton, which trains all male Marines who enter service west of the Mississippi. At any given time, around 100,000 Marines are stationed at Camp Pendleton.
- Over 200,000 Californians are employed with the military, either as active duty servicemembers, as Reservists or with the Department of Defense. Even more are employed with companies that work directly with the Department of Defense as contractors.
- California has nearly 38 million people and is home to three of the country’s most populous cities: Los Angeles, San Diego and San Jose.
- California is thought to be one of the more liberal states. Over 40% of the state’s population identifies as Democrats and just slightly over 30% identify as Republicans.
- The climate is pleasant in most of the state, with cool, rainy winters and dry summers.
- The state is known for its hospitals. Cedars-Sinai Medical Center is one of the United State’s top 25 hospitals for cardiac bypass surgery, neurosurgery and OB-GYN. The University of California, San Francisco Medical Center has received the title of “Comprehensive Cancer Center” and is just one of a handful of hospitals to receive this honor.
Popular California Veteran Locations:
- Long Beach
- Los Angeles
- San Diego
- Chula Vista
- Camp Pendleton
- San Francisco
- San Jose