Question 1

Do I need a down payment for a VA loan in Seal Beach?

Accepted Answer

No — VA loans require zero down. You finance the full purchase price. The funding fee (2.15% for first-time use) is rolled into the loan, so you don't pay it upfront.

Question 2

What's the monthly payment on a $750,000 VA loan at today's rate?

Accepted Answer

Principal and interest run $4,258 per month at 5.5% on a $750,000 purchase. That's based on a 30-year fixed rate as of April 8, 2026, with a 740 FICO score and zero down.

Question 3

Is the funding fee the same as PMI?

Accepted Answer

No. The funding fee (2.15% for first-time use) is a one-time cost rolled into your loan. PMI on conventional loans is monthly and cancels at 78% LTV. VA's fee is paid once.

Question 4

What FICO score do I need for a VA loan in Seal Beach?

Accepted Answer

A 740 FICO score qualifies you for the best rates. Some lenders go as low as 620, but rates climb as credit drops. The VA itself has no minimum — lenders set their own floors.

Question 5

Can I get my funding fee waived?

Accepted Answer

Yes, if you have a 10% or higher VA disability rating, are a Purple Heart recipient, or are a surviving spouse. Otherwise, the fee applies and is rolled into your loan amount.

VA 30-Year Fixed in Seal Beach: Zero-Down Financing for Orange County Veterans