Question 1

Can I use a VA loan to buy a home in Claremont with zero down?

Accepted Answer

Yes, eligible veterans can purchase homes in Claremont with no down payment through VA loans. This benefit applies to most property types including single-family homes and approved condos.

Question 2

What credit score do I need for a VA loan in Los Angeles County?

Accepted Answer

Most lenders require a minimum 580 credit score for VA loans. Some lenders accept lower scores with compensating factors. Rates vary by borrower profile and market conditions.

Question 3

Do VA loans work for Claremont condos and townhomes?

Accepted Answer

Yes, VA loans work for condos if the complex appears on the VA's approved list. Townhomes and single-family homes also qualify. The property must meet VA minimum property requirements.

Question 4

Are there income limits for VA loans in Claremont?

Accepted Answer

VA loans have no maximum income limits. Lenders evaluate your debt-to-income ratio and residual income to ensure affordability. Your income must adequately cover the mortgage and living expenses.

Question 5

Can surviving spouses use VA loans in Claremont?

Accepted Answer

Yes, surviving spouses of veterans who died in service or from service-connected disabilities may qualify. You must not have remarried. A Certificate of Eligibility confirms your eligibility status.

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