Question 1

Can I use a VA loan to buy in Isleton?

Accepted Answer

Yes, as long as you have a valid Certificate of Eligibility and the property meets VA minimum standards. Most standard homes qualify.

Question 2

Does FHA require mortgage insurance forever?

Accepted Answer

On most FHA loans with less than 10% down, yes — mortgage insurance stays for the life of the loan. Refinancing is the only way out.

Question 3

Which loan has a lower interest rate?

Accepted Answer

VA rates typically run lower than FHA rates. Rates vary by borrower profile and market conditions — we shop both daily.

Question 4

What credit score do I need for each loan?

Accepted Answer

FHA allows 580 with 3.5% down. Most VA lenders require 620, though some go lower depending on the full file.

Question 5

Can I use both programs if I qualify for VA?

Accepted Answer

No — you pick one loan per purchase. If you're VA-eligible, we'll run both scenarios and show you which saves more money.

Question 6

Is the VA funding fee always required?

Accepted Answer

Not always. Veterans with a service-connected disability rating are typically exempt. We verify eligibility before quoting.

FHA vs VA Loans in Isleton, CA