Question 1

Do VA loans have a loan limit in Nevada County?

Accepted Answer

Veterans with full entitlement have no loan limit. Limits only apply if you have existing VA loan exposure.

Question 2

Can I buy a fixer-upper with a VA loan in Nevada City?

Accepted Answer

Standard VA loans require the home to be move-in ready. A VA renovation loan may be an option if the lender offers it.

Question 3

What is the VA funding fee?

Accepted Answer

It's a one-time fee rolled into your loan. Veterans with service-connected disabilities are typically exempt.

Question 4

Can I use a VA loan on a property with acreage?

Accepted Answer

Yes, but the property must be primarily residential. Large farming operations or commercial use can disqualify it.

Question 5

How long does a VA loan take to close?

Accepted Answer

Typically 30 to 45 days. VA appraisals can add time, especially in rural areas with fewer approved appraisers.

Question 6

Are surviving spouses eligible for VA loans?

Accepted Answer

Yes, un-remarried surviving spouses of veterans who died in service or from a service-connected condition qualify.

VA Loans in Nevada City, CA — Zero Down for Veterans