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in Roseville, CA
Both FHA and VA loans are government-backed. Both offer below-market rates. But they serve very different borrowers.
Roseville attracts a strong military community — Travis AFB is nearby. If you qualify for VA, that changes everything.
FHA loans require just 3.5% down with a 580 credit score. Drop to 500-579 and you'll need 10% down.
Every FHA loan carries mortgage insurance — upfront and monthly. That cost adds up over time.
FHA loan limits in Placer County apply. Ask us what the current cap is before you start shopping.
VA loans require zero down payment and no monthly mortgage insurance. That's a hard-to-beat combination.
You do pay a VA funding fee — a one-time charge rolled into the loan. Most veterans with a disability rating get it waived.
VA has no set minimum credit score by rule. Most lenders we work with want 580-620 in practice.
Local decision guide
Use this comparison to weigh FHA Loans and VA Loans through local payment fit, eligibility, documentation, and timing before choosing a path in Roseville.
Both FHA and VA loans are government-backed. Both offer below-market rates. But they serve very different borrowers.
Roseville attracts a strong military community — Travis AFB is nearby. If you qualify for VA, that changes everything.
FHA loans require just 3.5% down with a 580 credit score. Drop to 500-579 and you'll need 10% down.
The mortgage insurance gap is the biggest difference. FHA charges MIP monthly, every month. VA charges nothing monthly.
On a $500,000 Roseville purchase, FHA MIP can run $150-$200 per month. VA borrowers pay zero. That's real money.
Rates vary by borrower profile and market conditions. But VA rates typically run lower than FHA rates for the same borrower.
If you served and you're buying in Roseville, use your VA benefit. It's almost always the stronger loan.
FHA makes sense when VA isn't an option — no service history, or you've exhausted your VA entitlement.
Some borrowers use FHA for condos or fixer-uppers with specific program overlays. VA has its own approval requirements too. Call us and we'll run both scenarios.
Yes, but the condo complex must be VA-approved. FHA has its own approved list too — they don't always overlap.
Not significantly. Both close in 21-30 days with a prepared borrower. The appraisal process differs slightly.
FHA accepts 580 for 3.5% down. VA has no official minimum, but most lenders want 580-620. Both beat conventional.
No. Veterans with a service-connected disability rating typically get the funding fee waived entirely.
Not on the same property. You can only have one primary residence loan at a time through these programs.
VA has no loan limit for borrowers with full entitlement. FHA limits are capped by county. VA wins here.