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in Cudahy, CA
In Cudahy, conventional and VA loans both serve buyers well but solve different problems. Conventional loans work when you have savings for a down payment. VA loans work when you're a qualified veteran or active-duty service member with zero down.
The 2026 conforming limit for Los Angeles County is $1,249,125, so both programs handle typical Cudahy purchases. Your choice hinges on eligibility, down payment capacity, and whether you want to avoid mortgage insurance or funding fees.
Conventional at 6.25% works best when you have real savings. At 80% LTV the payment is $4,618 with no PMI. Underwriting wants documented income, two years of work history, and reserves beyond the down payment.
The 2026 conforming limit of $1,249,125 gives you room in Cudahy. PMI cancels automatically at 78% LTV under the Homeowners Protection Act. You can request cancellation once you hit 80% LTV.
VA at 5.875% opens the door with zero down for eligible veterans. The monthly payment is $4,437 on the full $750,000 with no down payment required. A funding fee replaces PMI — first use is 2.15% of the loan amount.
The VA limit in Los Angeles County for 2026 is $1,249,125. Funding fee exemption requires a 10% disability rating or higher from the VA. Without exemption, the fee rolls into your loan balance.
Conventional demands a down payment to avoid PMI; VA demands nothing. On a $750,000 purchase, conventional at 80% LTV costs $4,618 monthly. VA at zero down costs $4,437 monthly — $181 less, but you're financing the funding fee.
The real gap is down payment. Conventional buyers typically put 5% to 20% down at closing. VA buyers put zero down and roll the funding fee into the loan. Both hit the same $1,249,125 county limit in 2026.
Pick conventional if you have $187,500 saved and want no mortgage insurance. You'll close with 20% down and carry no PMI. Your payment is $4,618 monthly on a $750,000 loan at 6.25%.
Pick VA if you're a qualified veteran or active-duty service member. Zero down means you keep your cash and close faster. Your payment is $4,437 monthly with the funding fee rolled in.
Conventional at 6.25% is $4,618 monthly. VA at 5.875% is $4,437 monthly. VA saves $181 per month because the rate is lower and you're not paying PMI.
Yes. At 20% down (80% LTV), conventional loans carry no PMI. Below 20% down, PMI applies until you reach 78% LTV or request cancellation at 80% LTV.
No. VA loans require a Certificate of Eligibility from the VA. You must be a veteran, active-duty service member, or surviving spouse of a service member who died in service.
On your first VA loan with zero down, the funding fee is 2.15% of the loan amount. That's roughly $16,125 on a $750,000 loan. It rolls into your loan balance.
VA loans often close faster because underwriting is streamlined and there's no appraisal contingency. Conventional loans follow standard appraisal and underwriting timelines.