Question 1

Can I use a VA loan on a Pomona condo or townhome?

Accepted Answer

Yes, if the complex appears on VA's approved condo list. We check that before you write an offer to avoid wasted time.

Question 2

What credit score do I actually need for VA loans in Pomona?

Accepted Answer

Most lenders require 580 minimum. Some go to 550 but add 0.50-0.75% to your rate.

Question 3

How long does VA loan approval take in Los Angeles County?

Accepted Answer

21-30 days with experienced lenders. Inexperienced lenders take 45-60 days and miss contract deadlines.

Question 4

Can sellers reject my VA loan offer in Pomona?

Accepted Answer

They can but most don't. VA appraisals take 7-10 days versus 5-7 for conventional, which concerns some sellers.

Question 5

Do I pay the 2.15% VA funding fee out of pocket?

Accepted Answer

No. Roll it into the loan or have the seller cover it through concessions.

VA Loans in Pomona: Zero Down for Service Members in Los Angeles County