Question 1

Do I need a down payment for a VA loan in Gridley?

Accepted Answer

No. Eligible veterans can buy with zero down. No private mortgage insurance is required either.

Question 2

What credit score do I need for a VA loan?

Accepted Answer

The VA sets no minimum, but most lenders require 620. Some VA-specialized lenders go lower.

Question 3

Can I use a VA loan to buy a home in rural Gridley?

Accepted Answer

Yes. VA loans have no geographic restrictions within the U.S. Gridley qualifies without issue.

Question 4

What is the VA funding fee and do I have to pay it?

Accepted Answer

It's a one-time fee rolled into your loan. Disabled veterans with a service-connected rating are typically exempt.

Question 5

How does VA compare to USDA in Butte County?

Accepted Answer

Both offer zero down. USDA has income limits; VA does not. VA also tends to have more flexible property options.

VA Loans in Gridley, CA — Zero Down for Veterans