Question 1

Can I use a VA loan on a $3 million home in Rolling Hills?

Accepted Answer

Yes, but you'll need a jumbo VA program requiring stronger credit and reserves. We place these loans regularly with portfolio lenders who specialize in high-value VA financing.

Question 2

Do I need a down payment for a jumbo VA loan here?

Accepted Answer

No down payment required. The VA benefit applies regardless of loan amount, though you'll pay a funding fee and need stronger financials for approval.

Question 3

What credit score do I need for a VA loan in Rolling Hills?

Accepted Answer

Jumbo VA lenders typically require 660-680 minimum. Standard VA accepts lower scores, but most homes here exceed conforming limits and need jumbo programs.

Question 4

How long does VA appraisal take in Rolling Hills?

Accepted Answer

Expect 2-3 weeks. The appraiser must evaluate large estates thoroughly, and VA appraisers serving this area have limited availability.

Question 5

Can I buy a horse property with a VA loan?

Accepted Answer

Yes, but the appraiser will scrutinize equestrian structures and land use. Properties must meet VA health and safety standards across all improvements.

VA Loans in Rolling Hills: Zero Down on Premium Properties