Question 1

Can I use a VA loan for expensive homes in Calabasas?

Accepted Answer

Yes. VA loans work for high-value properties with no maximum loan limit for qualified borrowers. You may need a down payment only if purchasing above your entitlement amount.

Question 2

Do Calabasas sellers accept VA loan offers?

Accepted Answer

Most sellers accept VA offers, especially with pre-approval. VA loans are government-backed and close reliably when buyers work with experienced lenders.

Question 3

What is the VA funding fee in California?

Accepted Answer

The funding fee ranges from 1.4% to 3.6% depending on service type and down payment. Disabled veterans and some survivors are exempt from this fee entirely.

Question 4

Can I buy a condo in Calabasas with a VA loan?

Accepted Answer

Yes, if the condo complex is VA-approved. Many Calabasas condos qualify, but your lender must verify the project meets VA standards.

Question 5

How long does VA loan approval take in Calabasas?

Accepted Answer

Typical approval takes 30 to 45 days from application to closing. Pre-approval before house hunting speeds up the process considerably.

VA Loans in Calabasas: Zero Down Payment Home Financing for Veterans