Question 1

Can I use a VA loan in Pleasanton with high prices?

Accepted Answer

Yes. VA loans have no set loan limit for borrowers with full entitlement. You can use VA to buy in Pleasanton regardless of price.

Question 2

Does FHA have loan limits in Alameda County?

Accepted Answer

Yes, FHA caps the loan amount in Alameda County. High-cost area limits apply, but very expensive Pleasanton homes may still exceed the FHA ceiling.

Question 3

Which loan has lower rates, FHA or VA?

Accepted Answer

VA loans typically carry lower rates than FHA. Rates vary by borrower profile and market conditions, but VA's guarantee reduces lender risk.

Question 4

Do both loans allow the seller to pay closing costs?

Accepted Answer

Yes. Both FHA and VA allow seller concessions toward closing costs. VA caps seller concessions at 4% of the purchase price.

Question 5

What credit score do I need for a VA loan?

Accepted Answer

The VA sets no official minimum. Most lenders require at least a 620. We work with lenders who can go lower in certain cases.

Question 6

Can I have both FHA and VA eligibility?

Accepted Answer

You can qualify for both. If you have VA eligibility, we'll almost always recommend running VA first — the monthly savings are hard to beat.

FHA vs VA Loans in Pleasanton: Which One Wins for You?