Question 1

Is there a VA loan limit in Irvine?

Accepted Answer

Veterans with full entitlement have no VA loan limit. If you've used your entitlement before, limits may apply.

Question 2

Can I use a VA loan to buy a condo in Irvine?

Accepted Answer

Yes, but the condo project must be on the VA-approved list. Many Irvine complexes aren't — verify before you make an offer.

Question 3

Do I pay a funding fee on a VA loan?

Accepted Answer

Yes, unless you have a service-connected disability. The fee varies based on down payment and prior VA loan use.

Question 4

How is a VA loan different from an FHA loan?

Accepted Answer

VA requires no down payment and no monthly mortgage insurance. FHA requires both for most borrowers.

Question 5

Will Irvine sellers accept VA offers?

Accepted Answer

Some sellers hesitate due to VA appraisal requirements. A strong pre-approval and experienced agent help overcome that resistance.

Question 6

What credit score do I need for a VA loan in Irvine?

Accepted Answer

The VA sets no minimum, but most lenders want 620+. Some wholesale lenders we access go lower for strong files.

VA Loans in Irvine, CA — Zero Down for Veterans