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A $750,000 home in Fortuna at 5.5% interest runs $4,258 monthly for principal and interest alone. That's the baseline for a zero-down VA loan on a primary residence here.
VA loans in Fortuna compete directly with conventional mortgages on rate but win on down payment. You bring zero dollars to closing. The funding fee—1.57% of the loan amount for first-time users—rolls into the mortgage instead of coming out of pocket.
5.5%
Interest Rate
$4,258
Monthly P&I
740
Min. FICO
$750,000
Loan Amount
$0
Down Payment
30 days
Rate Lock
VA Loans in Fortuna
You need a Certificate of Eligibility from the VA—proof of service or active duty status. Credit score floor is 740 FICO for this rate. Down payment is zero.
At Humboldt County's $61,135 median household income, a single earner at that level can carry roughly $2,100 in total monthly debt. A $750,000 purchase at 5.5% runs $4,258 in principal and interest alone—well above what one median income supports.
Local decision guide
Use this guide to connect va loans eligibility, lender expectations, and local market factors before comparing payment options in Fortuna.
A $750,000 home in Fortuna at 5.5% interest runs $4,258 monthly for principal and interest alone. That's the baseline for a zero-down VA loan on a primary residence here.
VA loans in Fortuna compete directly with conventional mortgages on rate but win on down payment. You bring zero dollars to closing. The funding fee—1.57% of the loan amount for first-time users—rolls into the mortgage instead of coming out of pocket.
You need a Certificate of Eligibility from the VA—proof of service or active duty status. Credit score floor is 740 FICO for this rate. Down payment is zero.
VA loans in California are offered by retail banks, credit unions, and mortgage brokers. The VA sets the rules—no PMI, no prepayment penalty, no yield-spread premium allowed. Lenders compete on rate and closing costs, not on program flexibility.
Closing timelines for VA loans run 30–45 days. The VA appraisal is required and takes 7–10 days. Underwriting is straightforward if your Certificate of Eligibility is clean and your income is documented.
VA loans make sense in Fortuna when you're a veteran with a clean service record and stable income. The zero-down feature is real money—on a $750,000 purchase, that's $0 out of pocket versus $150,000 for a conventional 20% down.
VA loans don't make sense if you have a disability rating below 10% and want to avoid the funding fee. The fee is mandatory unless you're rated 10% or higher by the VA, a Purple Heart recipient, or a surviving spouse.
Conventional loans at 20% down have no PMI and no funding fee—you pay $150,000 upfront instead. VA loans charge a funding fee but zero down. Over 10 years, the VA loan's lower upfront cost usually wins unless you have the cash sitting idle.
FHA loans require only 3.5% down but carry mortgage insurance for the life of the loan if you put less than 10% down. VA has no lifetime insurance. On a $750,000 purchase, FHA's lifetime MIP costs more than a VA funding fee over 15 years.
Fortuna sits in Humboldt County, a region with strong timber and agriculture heritage. The local economy is stable but modest—median household income of $61,135 reflects that reality.
The county's population of 135,418 is small and tight-knit. Most VA buyers in Fortuna are staying long-term, not flipping. That stability means the zero-down feature isn't just a financing trick—it's a real path to ownership for military families building...
No. VA loans require zero down payment. You bring no cash to closing. The funding fee (1.57% for first-time users) rolls into the loan amount, so you're not paying it upfront either.
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 14, 2026, with a 740 FICO score and 30-day lock.
Yes, if you have a 10% or higher VA disability rating. Purple Heart recipients and surviving spouses are also exempt. Below 10%, the funding fee applies—it's 1.57% for first-time use.
Typically 30–45 days. The VA appraisal takes 7–10 days. If your Certificate of Eligibility is clean and income is documented, underwriting moves fast. Brokers and banks both close on the same timeline.
740 FICO is the floor for the rate shown here. Some lenders go lower, but you'll pay a higher rate. The VA itself has no credit minimum—lenders set their own floors.