Question 1

Do I need a down payment for a VA loan in Galt?

Accepted Answer

No. VA loans allow zero down for eligible borrowers. You still pay closing costs unless you negotiate seller concessions.

Question 2

What credit score do I need for a VA loan?

Accepted Answer

VA sets no official minimum. Most lenders in this market require 620 or higher. Some go lower with compensating factors.

Question 3

What is the VA funding fee and who pays it?

Accepted Answer

It's a one-time fee rolled into your loan. First-time use with zero down is 2.15%. Disabled veterans are fully exempt.

Question 4

Can I use a VA loan on a fixer-upper in Galt?

Accepted Answer

VA appraisals require the property to meet minimum condition standards. Serious repairs must be completed before closing.

Question 5

How does VA compare to FHA for Galt buyers?

Accepted Answer

VA requires no down payment and no mortgage insurance. For eligible veterans, VA is almost always the lower-cost option.

Question 6

Is there a loan limit on VA loans in Sacramento County?

Accepted Answer

Veterans with full entitlement have no VA loan limit. Reduced entitlement borrowers may face county-based caps.

VA Loans in Galt, CA — Zero Down for Veterans