Question 1

Can I use a VA loan on Chowchilla properties with acreage?

Accepted Answer

Yes, but the VA only finances the home and one acre. Larger parcels require conventional financing or complex structuring to separate the residential portion.

Question 2

Do sellers in Chowchilla accept VA offers?

Accepted Answer

Most do once they understand VA appraisals protect both parties. We address property condition items upfront to eliminate seller concerns about deal failures.

Question 3

What credit score do I need for VA loans in Chowchilla?

Accepted Answer

Minimum is 580 for most lenders, but 620+ unlocks better rates and faster approvals. Higher scores compensate for higher debt ratios if needed.

Question 4

How does the VA funding fee work?

Accepted Answer

First-time zero-down buyers pay 2.15% of the loan amount, financed into the mortgage. Disabled veterans and 10%+ down payments reduce or eliminate this fee.

Question 5

Can I buy a fixer-upper in Chowchilla with VA?

Accepted Answer

Only if it meets VA minimum property requirements—functional systems, safe structure, no health hazards. Major renovation projects need VA Renovation loans instead.

Question 6

Does VA cover manufactured homes in Chowchilla?

Accepted Answer

Yes, if the home is permanently affixed to land you own and meets HUD construction standards. The manufactured home must have been built after June 1976.

VA Loans in Chowchilla: Zero Down for Veterans in California's Central Valley