Question 1

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

Accepted Answer

Yes, but the condo project must be VA-approved. Check the VA's condo approval list before making an offer.

Question 2

What is the VA funding fee in California?

Accepted Answer

It depends on your down payment and whether you've used a VA loan before. Veterans with service-connected disabilities are exempt.

Question 3

Is there a loan limit for VA loans in Orange County?

Accepted Answer

Borrowers with full entitlement have no loan limit. Reduced entitlement situations do have caps — talk to a broker.

Question 4

How long does a VA loan take to close?

Accepted Answer

Typically 30-45 days. VA appraisals can add time, especially if the property needs repairs to meet MPR standards.

Question 5

Do sellers in Orange accept VA offers?

Accepted Answer

Most do. VA stigma has faded significantly. A strong pre-approval letter and experienced broker help seal the deal.

VA Loans in Orange, CA: Zero Down for Veterans