Question 1

Can I use a VA loan to buy land with a home in Colfax?

Accepted Answer

Yes, if a livable home sits on the land. VA won't finance vacant land alone. The property must meet VA minimum property requirements.

Question 2

Does VA cover well and septic properties in Placer County?

Accepted Answer

Yes, but VA requires water and septic tests before closing. Budget time for that — it adds days to the process.

Question 3

What is the VA loan limit in Placer County?

Accepted Answer

Veterans with full entitlement have no loan limit. If you have a prior VA loan, partial entitlement rules apply.

Question 4

How long does a VA loan take to close in Colfax?

Accepted Answer

Typically 30-45 days. Rural properties with well and septic can add a week. Choose a lender experienced with VA appraisals.

Question 5

Can a surviving spouse use a VA loan to buy in Colfax?

Accepted Answer

Yes. Unremarried surviving spouses of veterans who died in service or from a service-connected disability are eligible.

Question 6

Is the VA funding fee required on every loan?

Accepted Answer

Not always. Veterans with a service-connected disability rating are exempt. Everyone else pays it — rates vary by use and down payment.

VA Loans in Colfax, CA — Zero Down for Veterans