Question 1

Do I need to be active duty to qualify for a VA loan in Pleasanton?

Accepted Answer

No. Active duty, honorable discharge, National Guard, and surviving spouses of deceased veterans all qualify. You need a Certificate of Eligibility from the VA.

Question 2

What's the monthly payment on a $750,000 VA loan at today's rate?

Accepted Answer

At 5.5% interest on a $750,000 loan, principal and interest run $4,258 per month. That's before property taxes, insurance, and HOA fees. The rate shown is as of April 12, 2026, with a 0.197-point discount cost of $1,478 upfront.

Question 3

Can I avoid the VA funding fee if I'm a disabled veteran?

Accepted Answer

Yes. Veterans with a VA disability rating of 10% or higher are exempt from the funding fee. Purple Heart recipients and surviving spouses are also exempt. You'll need documentation from the VA to prove your rating at closing.

Question 4

How does the VA funding fee compare to PMI on a conventional loan?

Accepted Answer

The VA funding fee is a one-time cost (roughly $16,125 at $750,000) added to your loan. Conventional PMI on a $600,000 loan at 10% down costs $200-300 monthly and never cancels unless you refinance. VA's upfront fee is steeper but doesn't recur.

Question 5

What credit score do I need for a VA loan in Pleasanton?

Accepted Answer

The VA minimum is 620 FICO. Most lenders prefer 740+. At 740 FICO, you'll get the best rates and fastest underwriting. Below 640, some lenders add overlays or require manual review, which slows the process.

VA 30-Year Fixed Mortgages in Pleasanton: Zero Down for Qualified Veterans