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in Ross, CA
Ross is one of Marin County's most expensive ZIP codes. Both FHA and VA loans are government-backed — but they serve very different borrowers.
FHA is open to most buyers with limited savings. VA is exclusive to veterans and service members — and it's almost always the better deal if you qualify.
FHA loans require just 3.5% down with a 580 credit score. Drop to 500-579 and you'll need 10% down instead.
The catch is mortgage insurance. You pay an upfront premium plus monthly MIP — and it doesn't cancel automatically like conventional PMI does.
VA loans offer zero down payment and no monthly mortgage insurance. That alone saves veterans hundreds of dollars per month.
There is a one-time funding fee — typically 2.15% for first-time use. Disabled veterans are exempt from it entirely.
Local decision guide
Use this comparison to weigh FHA Loans and VA Loans through local payment fit, eligibility, documentation, and timing before choosing a path in Ross.
Ross is one of Marin County's most expensive ZIP codes. Both FHA and VA loans are government-backed — but they serve very different borrowers.
FHA is open to most buyers with limited savings. VA is exclusive to veterans and service members — and it's almost always the better deal if you qualify.
FHA loans require just 3.5% down with a 580 credit score. Drop to 500-579 and you'll need 10% down instead.
The biggest gap is mortgage insurance. VA borrowers pay none. FHA borrowers pay MIP every month, often for the full loan term.
VA rates also tend to run lower than FHA rates. In a high-cost market like Ross, that monthly difference adds up fast. Rates vary by borrower profile and market conditions.
If you're a veteran or active-duty service member buying in Ross, use your VA benefit. The savings over 30 years are substantial.
If you don't have military eligibility, FHA is a solid path — especially if your credit score isn't high enough for conventional financing. Talk to us before assuming conventional is out of reach.
Yes, if you meet VA eligibility requirements. Marin County's high prices may push you near loan limits, so confirm your entitlement first.
On most FHA loans originated after 2013, MIP stays for the life of the loan. Refinancing into conventional is usually how borrowers exit it.
Both require the home to meet safety and habitability standards. VA appraisals can be slightly stricter in certain conditions.
You can qualify for both, but you can only use one per purchase. VA wins on cost almost every time if you're eligible.
VA sets no official minimum, but most lenders want 620 or higher. Some go lower — we work with lenders across that range.
Some sellers hesitate due to VA appraisal requirements. An experienced broker can help you position your offer to compete effectively.