Question 1

Can I use a VA loan to buy rural acreage in El Dorado County?

Accepted Answer

Yes, but the property must meet VA Minimum Property Requirements. Well and septic systems will be inspected as part of the appraisal.

Question 2

What is the VA funding fee and can I avoid it?

Accepted Answer

It's a one-time fee paid to the VA, not a lender. Disabled veterans with a service-connected rating are typically exempt.

Question 3

Do Placerville sellers accept VA offers?

Accepted Answer

Many do. A strong pre-approval and organized file close the gap. VA loans close at competitive rates when the borrower is prepared.

Question 4

Is there a loan limit on VA loans in El Dorado County?

Accepted Answer

Veterans with full entitlement have no VA loan limit. If you have reduced entitlement, county conforming limits apply.

Question 5

How long does a VA loan take to close in Placerville?

Accepted Answer

Typically 30-45 days. Rural appraisals can add time, so locking your rate and submitting a complete file early matters.

Question 6

Can I use a VA loan to refinance a home I already own in Placerville?

Accepted Answer

Yes. The VA IRRRL streamline refinance lets eligible borrowers lower their rate with minimal paperwork and no appraisal in most cases.

VA Loans in Placerville, CA — Zero Down for Veterans