VA loans reward military service with zero down payment, no private mortgage insurance, and competitive rates. Qualified veterans can finance 100 percent of the purchase price, making homeownership immediately accessible without years of savings.
VA loans are guaranteed by the Department of Veterans Affairs and reserved exclusively for eligible veterans, service members, and surviving spouses. These loans offer the lowest barriers to homeownership in California: zero down, no mortgage insurance, and favorable rates as a direct benefit of military service.
VA loans eliminate the primary barrier to homeownership: accumulating a down payment. Qualified veterans can purchase without putting anything down. This means you build equity immediately instead of renting while you save. The VA backs the loan, removing the need for private mortgage insurance entirely.
The only added cost is a one-time funding fee, typically ranging from 1.25 to 3.3 percent, which can be rolled into the loan balance. Unlike PMI, this fee is not recurring. Combined with competitive interest rates reserved for VA borrowers, the total monthly cost frequently comes in lower than conventional or FHA alternatives.
Active Duty Service Members — Currently serving with full VA loan entitlement available. Confirm eligibility with a Certificate of Eligibility obtained through VA.gov or through your lender.
Honorably Discharged Veterans — Discharge status must be honorable or general under honorable conditions. A less than honorable discharge may disqualify eligibility depending on circumstances.
Surviving Spouses — Spouses of service members killed in action or who died from service-connected disabilities. Must not have remarried to retain benefit eligibility.
National Guard and Reserves — Generally 6 years of service required, or activation under Title 10 orders. Service dates and component affect specific requirements.
If you served your country, your VA loan benefit is waiting. Connect with Troy directly to confirm your eligibility, review your COE, and structure a purchase with zero down payment and no mortgage insurance.