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Rancho Cordova has a strong military community, with Mather Field's history shaping this city's identity. VA loans are well-suited here.
Sacramento County home prices make zero-down financing a serious advantage. VA loans let eligible buyers skip the down payment entirely.
0%
Down Payment
620 (most lenders)
Min Credit Score
Never
PMI Required
1.25% – 3.30%
Funding Fee Range
30–45 days
Typical Close Time
VA Loans in Rancho Cordova
You need a Certificate of Eligibility (COE) to use a VA loan. Most lenders also want a 620 credit score, though some go lower.
VA loans require full-time active duty, 90 days wartime service, 181 days peacetime service, or six years in the National Guard or Reserves.
Local decision guide
Use this guide to connect va loans eligibility, lender expectations, and local market factors before comparing payment options in Rancho Cordova.
Rancho Cordova has a strong military community, with Mather Field's history shaping this city's identity. VA loans are well-suited here.
Sacramento County home prices make zero-down financing a serious advantage. VA loans let eligible buyers skip the down payment entirely.
You need a Certificate of Eligibility (COE) to use a VA loan. Most lenders also want a 620 credit score, though some go lower.
Not every lender handles VA loans the same way. Some overlay extra requirements on top of VA minimums — that's where a broker earns their fee.
We work with 200+ wholesale lenders, including VA specialists who accept lower credit scores and manual underwriting for borderline files.
The VA funding fee trips up a lot of borrowers. It ranges from 1.25% to 3.3% of the loan amount, depending on usage and down payment.
Disabled veterans with a service-connected rating are exempt from the funding fee. Always verify your status before closing — it's real money.
FHA loans require 3.5% down and charge monthly mortgage insurance. VA loans skip both — that's a significant cash and monthly payment advantage.
Conventional loans with less than 20% down add PMI. VA loans never require PMI, which can save hundreds per month.
Rancho Cordova's proximity to Mather Airport and Sacramento employers attracts active-duty and veteran buyers. Inventory here moves fast.
VA appraisals follow strict Minimum Property Requirements (MPRs). Older homes in Sacramento County sometimes need repairs to pass — plan for that.
VA eliminated loan limits for full-entitlement borrowers in 2020. You can borrow above conforming limits with zero down if you have full entitlement.
Yes — VA allows 1-4 unit purchases. You must occupy one unit as your primary residence.
It's a one-time fee paid to the VA, ranging from 1.25% to 3.3%. Disabled veterans with a service-connected rating are fully exempt.
Typically 30-45 days. VA appraisals can add time if the property needs repairs to meet VA standards.
Yes. You can restore entitlement after paying off a prior VA loan. You can also hold two VA loans simultaneously in some cases.
No — but sellers can. VA limits what buyers can pay in fees, so seller concessions are common on VA transactions.