Question 1

Can I use both FHA and VA loans?

Accepted Answer

Not on the same purchase. You pick one. If you're VA-eligible, we'll show you why VA usually wins on total cost.

Question 2

Does VA require a home inspection?

Accepted Answer

VA requires an appraisal by a VA-approved appraiser. It includes minimum property requirements that FHA also enforces.

Question 3

Which loan has lower rates in Calexico?

Accepted Answer

VA loans typically carry lower rates than FHA. Rates vary by borrower profile and market conditions.

Question 4

How do I prove VA loan eligibility?

Accepted Answer

You'll need a Certificate of Eligibility from the VA. We can pull that for you during the application process.

Question 5

Does FHA have loan limits in Imperial County?

Accepted Answer

Yes. FHA sets county-level loan limits each year. We'll confirm the current Imperial County limit before you apply.

Question 6

Which loan is easier to qualify for?

Accepted Answer

FHA is generally more flexible on credit. VA has no set minimum score but lenders typically want 580-620 or higher.

FHA vs VA Loans in Calexico, CA