Question 1

Can I use a VA loan in Ukiah, CA?

Accepted Answer

Yes. VA loans are available across Mendocino County with no county-specific restrictions. Eligibility depends on your service history, not location.

Question 2

Do VA loans have loan limits in Mendocino County?

Accepted Answer

Veterans with full entitlement have no VA loan limit. Borrowers with reduced entitlement may face county limits.

Question 3

What credit score do I need for a conventional loan?

Accepted Answer

Most conventional lenders require a 620 minimum. Better scores get better rates — 740+ typically qualifies for top pricing.

Question 4

Does a VA loan always beat a conventional loan?

Accepted Answer

For eligible borrowers, usually yes. Zero down and no PMI are hard to match. But conventional can win if you're putting 20% down with excellent credit.

Question 5

What is the VA funding fee?

Accepted Answer

It's a one-time fee the VA charges to sustain the program. The amount varies by down payment and usage. It can be rolled into the loan balance.

Question 6

Can I have both VA and conventional loans at once?

Accepted Answer

Yes. Some veterans use conventional loans for investment or second properties while keeping VA entitlement for a primary home.

Conventional vs VA Loans in Ukiah, CA