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Residential Mortgage
VA Loans
Exclusive mortgage benefit for veterans, active-duty service members, and eligible surviving spouses. Backed by the U.S. Department of Veterans Affairs with no down payment required.
Is This Loan Right for You?
A VA loan is right for you if you are a veteran, active-duty service member, or eligible surviving spouse. It offers unbeatable terms including zero down payment, no PMI, and competitive rates that are typically lower than conventional loans. Backed by the U.S. Department of Veterans Affairs, VA loans have no loan limit for veterans with full entitlement, meaning you can purchase high-value properties with nothing down. The minimum credit score is typically 620, and the maximum debt-to-income ratio is 41%, though higher ratios are possible with sufficient residual income. A VA funding fee of 1.25% to 3.3% applies but is waived for veterans with service-connected disabilities. Unlike FHA or conventional loans, VA financing never requires mortgage insurance at any loan-to-value ratio, saving you hundreds per month. Choose VA if you have earned this benefit through military service — no other mortgage program matches its combination of zero down, no PMI, and below-market rates.
Side-by-Side
VA vs Conventional — How Do They Compare?
VA loans reward your service with unmatched financing benefits no other program can match.
| Feature | VA Loan | Conventional |
|---|---|---|
| Down Payment | 0% | 3-20% |
| Mortgage Insurance | No PMI | PMI if <20% down |
| Funding Fee | 1.25-3.3% (waived for disabled) | N/A |
| Min Credit Score | No VA minimum (lenders ~580-620) | 620 |
| Interest Rates | Typically 0.25-0.50% lower | Market rate |
| Loan Limits | No limit with full entitlement | $806,500 per FHFA |
| Closing Cost Limits | Seller can pay all | Seller limited to 3-9% |
| Eligible Borrowers | Veterans, active duty, eligible spouses | Anyone |
The #1 Benefit Most Veterans Never Use (VA Home Loans Explained)
Requirements
What Are the VA Requirements?
Min Credit Score
620+
Min Down Payment
0%
Max LTV
100%
Max DTI
41% (can be higher with residual income)
Loan Limits
No loan limit for eligible veterans with full entitlement (per U.S. Department of Veterans Affairs)
PMI / MIP
No PMI; VA funding fee of 1.25%-3.3% (waived for disabled veterans)
Occupancy
Primary residence only
Features
Key Features
- No down payment required
- No private mortgage insurance (PMI)
- Competitive interest rates below market average
- Available in 15, 20, 25, or 30-year fixed and adjustable terms
- VA funding fee can be financed into the loan
Process
How It Works
1
Pre-Qualification & COE
We verify your VA eligibility, obtain your Certificate of Eligibility (COE), review your credit and income, and determine your borrowing capacity with zero down.
2
Application & Documentation
Complete your loan application, submit income and asset documentation, and we order the VA appraisal which includes a Minimum Property Requirements (MPR) inspection.
3
Underwriting & VA Approval
The underwriter reviews your file against VA guidelines, confirms the appraisal meets VA standards, and the loan receives VA approval.
4
Closing & Funding
Sign your final documents, the VA funding fee is financed into the loan (or waived if applicable), and you move into your new home with zero down payment.
Estimate Your Payment
20%
Results
Principal & Interest$2,128.97
Property Tax$416.67
Insurance$150
Total Monthly Payment$2,695.64
This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Rates, terms, and availability of programs are subject to change without notice.
Pros & Cons
What Are the Pros and Cons of VA?
Advantages
- Zero down payment required, saving tens of thousands at closing
- No private mortgage insurance (PMI) ever, regardless of equity
- Interest rates are typically 0.25-0.5% lower than conventional rates
- No prepayment penalties and assumable loans
Considerations
- VA funding fee adds 1.25-3.3% to the loan (waived for disabled veterans)
- Property must be a primary residence; cannot be used for investment properties
- VA appraisal process can be more stringent with Minimum Property Requirements
FAQ
Frequently Asked Questions
You can obtain your COE online through the VA eBenefits portal, by mail using VA Form 26-1880, or we can request it on your behalf through our lender portal. Most COEs are available instantly online.
For veterans with full entitlement (first-time use or fully restored entitlement), there is no loan limit. For veterans with reduced entitlement, county loan limits apply. This means eligible veterans can buy high-value homes with zero down payment.
Yes. VA loan entitlement can be restored and reused. You can have multiple VA loans simultaneously if you have remaining entitlement, or you can sell a home and restore your full entitlement for a new purchase.
The VA funding fee ranges from 1.25% to 3.3% depending on your down payment, service type, and whether it is your first or subsequent use. It is waived entirely for veterans with service-connected disabilities. It can be financed into the loan.
Yes. Un-remarried surviving spouses of veterans who died in service or from a service-connected disability are eligible. They are also exempt from the VA funding fee.
Yes, but the condo complex must be on the VA-approved condo list. If it is not already approved, the complex can apply for approval. We can help you check VA condo eligibility.
Local Expertise
Getting a VA Loan in the San Gabriel Valley
NetCORE Lending™ is headquartered in Diamond Bar and has been helping borrowers across the San Gabriel Valley secure va financing since 2015. We serve homebuyers and homeowners in Pomona, Walnut, Rowland Heights, West Covina, Chino Hills, Covina, La Verne, Glendora, San Dimas, Hacienda Heights, and City of Industry — as well as borrowers throughout California.
As a local mortgage broker, we understand the San Gabriel Valley real estate market — from the higher-value properties in Chino Hills and Diamond Bar to the more affordable options in Pomona and West Covina. Our team provides bilingual service in English and Vietnamese and shops 100+ wholesale lenders to find you the lowest available rate on your va loan.
Call (714) 399-6361 to discuss va options with a local loan advisor, or get pre-qualified online in 2 minutes.
Related
Also Consider
Explore other loan products that might be a good fit for your needs.
Conventional
A traditional mortgage not insured by the federal government. Ideal for borrowers with strong credit and stable income who want competitive rates and flexible terms.
Refinance
Replace your existing mortgage with a new loan to lower your rate, reduce monthly payments, shorten your term, or access your home equity through cash-out refinancing.
Fixed-Rate
Lock in a consistent interest rate and monthly payment for the entire life of your loan. Available in 15 or 30-year terms, providing long-term payment stability.
Ready to Get Started?
Apply online in minutes or call us to speak with a loan advisor about your VA options.
This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Rates, terms, and availability of programs are subject to change without notice.
Reviewed by Joann Ton, Loan Officer (NMLS# 1461031) | Last updated: June 2026