Loading
Loading
San Juan Capistrano's $750,000 median home price sits well within VA lending limits. At 5.49%, a zero-down VA loan on that price carries a $4,254 monthly payment for principal and interest alone.
Orange County's median household income of $113,702 stretches across a range of neighborhoods here. For veterans with stable income and a 740+ FICO, the zero-down structure removes the biggest barrier to entry. No savings required. No PMI.
5.49%
Interest Rate
$4,254
Monthly P&I
$750,000
Loan Amount
740
Min. FICO
$0
Down Payment
30 days
Lock Period
VA Loans in San Juan Capistrano
VA loans in San Juan Capistrano require a Certificate of Eligibility, 740+ FICO, and stable income. Down payment is zero — that's the whole point.
Orange County's median household income of $113,702 buys a solid home here, but the real advantage is that VA loans ignore the down-payment trap. A veteran with $750,000 in purchasing power and no savings can close on a $750,000 property.
Local decision guide
Use this guide to connect va loans eligibility, lender expectations, and local market factors before comparing payment options in San Juan Capistrano.
San Juan Capistrano's $750,000 median home price sits well within VA lending limits. At 5.49%, a zero-down VA loan on that price carries a $4,254 monthly payment for principal and interest alone.
Orange County's median household income of $113,702 stretches across a range of neighborhoods here. For veterans with stable income and a 740+ FICO, the zero-down structure removes the biggest barrier to entry. No savings required. No PMI.
VA loans in San Juan Capistrano require a Certificate of Eligibility, 740+ FICO, and stable income. Down payment is zero — that's the whole point.
VA lending in California runs through both retail banks and mortgage brokers. The VA loan market is competitive — lenders know the program is standardized and the borrower pool is reliable.
Brokers often have tighter relationships with VA-focused correspondent lenders, which can mean faster underwriting and fewer surprises. Retail banks advertise heavily but sometimes carry overlays that slow things down.
VA loans make sense in San Juan Capistrano when you're buying at or below $750,000 and have stable income. The zero-down structure is unbeatable — no other program lets you skip the down payment entirely.
They don't make sense if you're buying above $1.2 million. Jumbo VA loans exist but carry tighter overlays and higher rates. Below $750K, the VA loan is the strongest tool in your toolkit. Use it.
Conventional loans at this price require 20% down ($150,000) to avoid PMI. VA loans require zero down and have no PMI ever. That's the structural difference — VA trades the down-payment requirement for a funding fee that's built into the loan.
FHA loans run lower rates but carry lifetime mortgage insurance that never cancels. VA has no insurance at all. For a $750,000 purchase, the VA loan saves you the down payment and the insurance cost.
San Juan Capistrano sits in a high-cost area for VA lending, which means the VA loan limit here is $1,249,125. That's the conforming limit — you can borrow the full amount without jumbo overlays.
The town's proximity to Camp Pendleton and Naval Base San Diego makes it a natural draw for active military and veterans. Local real estate agents understand VA loans and the funding fee structure.
No. VA loans are zero-down for eligible veterans and active duty. You pay a funding fee instead of a down payment. The fee (2.15% first-time use) gets rolled into the loan amount, so nothing is due upfront.
At 5.49% APR on a $750,000 VA 30-year fixed (740 FICO, primary residence, 30-day lock), principal and interest run $4,254 per month. That's before taxes, insurance, and HOA fees if applicable.
No. VA loans have no PMI at any loan-to-value ratio. The funding fee replaces PMI entirely. That's a major advantage over conventional loans, which require PMI below 80% LTV.
Most lenders require 740+ FICO for VA loans at this price point. Some lenders go lower (680-700), but rates climb and overlays tighten. 740+ gets you the best pricing and fastest underwriting.
Yes. If you have a 10% or higher VA disability rating, you're exempt from the funding fee entirely. Purple Heart recipients and surviving spouses are also exempt. That saves you thousands on a $750,000 loan.