Question 1

Can I use a VA loan to buy a condo in Aliso Viejo?

Accepted Answer

Yes, but the complex must be on the VA-approved condo list. We verify approval status before you make an offer.

Question 2

Is there a VA loan limit in Orange County?

Accepted Answer

No loan limit if you have full VA entitlement. Borrowers with reduced entitlement may face county-based caps.

Question 3

Do I still pay closing costs with a VA loan?

Accepted Answer

Yes. VA limits some fees, but title, escrow, and appraisal still apply. Sellers can also pay your closing costs — negotiate it in the offer.

Question 4

How long does VA loan approval take?

Accepted Answer

Typically 30–45 days. VA appraisals add time. Working with a VA-experienced lender keeps the timeline tight.

Question 5

What is residual income and why does VA require it?

Accepted Answer

Residual income is cash left over after all monthly obligations. VA sets minimums by family size and region — California thresholds are among the highest nationally.

Question 6

Can I use my VA benefit more than once?

Accepted Answer

Yes. You can reuse VA eligibility after paying off a prior VA loan. A subsequent-use funding fee applies unless you're exempt.

VA Loans in Aliso Viejo — Zero Down for Veterans