Question 1

Can I use a VA loan for a Concord condo?

Accepted Answer

Yes, if the complex has VA approval. About 40% of Concord condos qualify, and we check the list before you make an offer.

Question 2

What's the funding fee on a $400,000 purchase?

Accepted Answer

First-time use costs $9,200, rolled into your loan. Subsequent use runs $13,200 unless you have a disability rating.

Question 3

Do VA appraisals kill deals in Concord?

Accepted Answer

Rarely. Most properties pass without issues. We coordinate pre-inspections on older homes to avoid surprises.

Question 4

Can I buy a fixer-upper with VA?

Accepted Answer

Only if it's move-in ready with no safety hazards. Major renovations require a VA renovation loan instead.

Question 5

How long does VA underwriting take?

Accepted Answer

18-25 days from accepted offer to closing. Top lenders hit 18 days consistently with clean files.

Question 6

Does my VA entitlement cover Concord prices?

Accepted Answer

Full entitlement covers any price with zero down. Partial entitlement may require small down payments on higher amounts.

VA Loans in Concord: Zero Down Home Financing for Veterans