Information for Veterans and Active Military on VA and CalVet Home Loans

Military Benefits Veteran VA CalVet Home Loan Mortgage Broker

For many, the process of getting approved for a VA or CalVet Home Loan can be challenging, frustrating and difficult. But, we can make it easier, less stressful and more successful. Below are some of the major questions you may ask about a VA or CalVet Home Loan.

  • What is the current limit for a VA or CalVet Home Loan?
    • With $0 Down, the limit is currently $417,000. Many homes in Ventura County now qualify for this type of Zero Down Loan. CalVet home loans limit is $521,250.
    • With a down payment, the limit is currently as high as $1,000,000, most lenders have a lower loan limit.
  • Why should I choose a VA or CalVet Home Loan?
    • No down payment is required.
    • No mortgage insurance
    • Easier qualification standards
    • Credit and income requirements are not as strict
    • No prepayment penalties on your loan
  • What types of property qualify for a VA Loan?
    • VA, 1 to 4 unit condos.
    • Single family home, condo, farms and some mobile homes.
  • Can an existing loan be refinanced as a VA loan with a lower interest rate?
    • Yes.
  • How do I obtain my certificate of eligibility or DD214?
    • Call this office, we'll handle it for you (805) 389-0505.
  • Who Qualifies for a VA or Cal-Vet Home Loan?
    • Almost all honorably discharged veterans and active in service.