Question 1

Can I use VA benefits if I've never deployed?

Accepted Answer

Yes, active duty and National Guard members qualify after 90 consecutive days during wartime or 181 days during peacetime. Deployment isn't required.

Question 2

Does FHA mortgage insurance ever drop off?

Accepted Answer

Only if you put down 10% or more—then it drops after 11 years. With 3.5% down, you pay it for the entire loan term.

Question 3

Which loan closes faster in San Gabriel?

Accepted Answer

FHA typically closes slightly faster. VA appraisals take longer because inspectors check more property details and safety items.

Question 4

Can I use VA loans multiple times?

Accepted Answer

Yes, your entitlement restores after you sell and pay off the VA loan. You can also use remaining entitlement for a second property.

Question 5

Do sellers in San Gabriel accept VA offers?

Accepted Answer

Most do, but some worry about stricter inspections. Strong offers with quick closes help overcome seller hesitation about VA loans.

Question 6

Which has lower closing costs?

Accepted Answer

VA limits what veterans pay in fees, often resulting in lower costs. FHA allows lenders to charge more, though rates stay competitive.

FHA vs VA Loans in San Gabriel: Which Government Loan Fits Your Home Purchase?