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Commerce sits in Los Angeles County, where the median household income of $87,760 supports homes in the $750,000 range. At 5.75%, a zero-down VA purchase carries a $4,377 monthly payment for principal and interest.
Veterans closing here benefit from zero-down financing that conventional buyers can't access. The funding fee replaces PMI, rolling into the loan amount without a separate upfront cost.
5.75%
Interest Rate
$4,377
Monthly Payment (P&I)
$0
Down Payment Required
740
Minimum FICO
$750,000
Loan Amount
VA Loans in Commerce
VA loans require a Certificate of Eligibility from the VA, a 740 FICO minimum, and active duty or veteran status. No down payment is required—the full purchase price finances at zero down.
Los Angeles County's median household income of $87,760 supports a $750,000 purchase comfortably. Debt-to-income limits typically run 41% to 50%, depending on the lender's overlays.
Local decision guide
Use this guide to connect va loans eligibility, lender expectations, and local market factors before comparing payment options in Commerce.
Commerce sits in Los Angeles County, where the median household income of $87,760 supports homes in the $750,000 range. At 5.75%, a zero-down VA purchase carries a $4,377 monthly payment for principal and interest.
Veterans closing here benefit from zero-down financing that conventional buyers can't access. The funding fee replaces PMI, rolling into the loan amount without a separate upfront cost.
VA loans require a Certificate of Eligibility from the VA, a 740 FICO minimum, and active duty or veteran status. No down payment is required—the full purchase price finances at zero down.
VA loans in California move through both retail banks and mortgage brokers, with consistent underwriting timelines of 30 to 45 days. Most lenders price VA loans competitively because the VA guarantee removes default risk.
Funding fee exemptions apply to disabled veterans rated 10% or higher, Purple Heart recipients, and surviving spouses. Non-exempt borrowers pay the fee upfront or roll it into the loan balance.
VA loans make sense in Commerce when you're buying at or below the conforming limit and want to preserve cash. The zero-down structure beats conventional 5% down by keeping $37,500 in your pocket on a $750,000 purchase.
Above the conforming limit, VA financing still works but requires a jumbo lender willing to hold VA paper. The rate may rise slightly, making conventional or FHA worth comparing if you have 10% to 20% down saved.
FHA loans run lower rates than VA but carry lifetime mortgage insurance if down payment is under 10%. VA skips mortgage insurance entirely, making the higher rate worthwhile over a 30-year loan.
Conventional loans at 5% down require PMI until 80% LTV, adding $200+ monthly. VA's zero-down structure eliminates that cost entirely, offsetting a slightly higher rate.
Commerce is an industrial hub in Los Angeles County with straightforward access to I-5 and I-710. Buyers here prioritize proximity to employment centers and logistics operations over neighborhood amenities.
The area's affordability relative to nearby residential communities makes it attractive for investors and owner-occupants. Property values remain stable due to consistent commercial and industrial demand in the region.
At 5.75% interest, the principal and interest payment is $4,377 monthly. Add property taxes, insurance, and HOA fees if applicable to get your total housing payment.
No. VA loans skip mortgage insurance entirely. The funding fee replaces PMI and is a one-time cost rolled into the loan or paid upfront.
Yes. Surviving spouses of service members who died in service or from service-connected disabilities can use VA benefits. You'll need a Certificate of Eligibility from the VA.
No. Disabled veterans rated 10% or higher, Purple Heart recipients, and surviving spouses are exempt. First-time users pay 2.15% at zero down; subsequent use is 3.3%.
Most lenders require a 740 FICO minimum. Some may go lower with compensating factors, but 740+ is the standard floor in this market.